2012 43rd Ave E | Seattle, WA 98112
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- LoopNet Team
2012 43rd Ave E
Seattle, WA 98112
Lake Court Apartments · Multifamily Property For Sale
·
63 Units
INVESTMENT HIGHLIGHTS
- First time on the market in nearly 80 years
- Madison Park is one of Seattle’s premier neighborhoods (2nd highest avg. income) with a low crime rate
- Walking distance to shops and restaurants including: The Attic, Cactus, How to Cook a Wolf, Madison Park Pharmacy, Bank of America, Bert’s Red Apple
- 1.33 acres with 180 feet of waterfront and boat access
- Nearby family friendly amenities: Madison Park Beach, playground, tennis courts, Seattle Tennis Club
- Stunning 1920’s architecture designed by William Bain and Frederick Anhalt
PROPERTY FACTS
| No. Units | 63 | Lot Size | 1.33 AC |
| Property Type | Multifamily | Building Size | 41,740 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1922 |
| Zoning | LR3 | ||
| No. Units | 63 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.33 AC |
| Building Size | 41,740 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1922 |
| Zoning | LR3 |
AMENITIES
SITE AMENITIES
- Controlled Access
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 12 | - | 330 - 500 |
| 1+1 | 46 | - | 475 - 795 |
| 2+1 | 5 | - | 736 |
PROPERTY TAXES
| Parcel Number | 531910-0290 | Improvements Assessment | $2,172,100 |
| Land Assessment | $14,149,900 | Total Assessment | $16,322,000 |
PROPERTY TAXES
Parcel Number
531910-0290
Land Assessment
$14,149,900
Improvements Assessment
$2,172,100
Total Assessment
$16,322,000
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