2515 Thorndyke Ave W | Seattle, WA 98199
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2515 Thorndyke Ave W
Seattle, WA 98199
The Edge Apartments | Seattle, WA · Multifamily Property For Sale
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13 Units
INVESTMENT HIGHLIGHTS
- Edge Apartments comprises 13 units, fully renovated in 2016, offered in turnkey condition, and is currently 100% occupied.
- Income-generating investment opportunity in the Seattle/ Puget Sound Market with recent CapEx already implemented.
- Building also features 10 individual secured garages and storage spaces currently generating additional revenue.
- Established in Seattle’s Magnolia neighborhood, the complex is near everything Downtown Seattle, Ballard, Interbay, and Magnolia have to offer.
- Upgraded complex features include quartz countertops, stainless steel appliances, private balconies, fireplaces, and more.
PROPERTY FACTS
| No. Units | 13 | Building Size | 9,420 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1959/2016 |
| Building Class | C | Parking Ratio | 1.06/1,000 SF |
| Lot Size | 0.24 AC | ||
| Zoning | LR3 (M) | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 9,420 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1959/2016 |
| Parking Ratio | 1.06/1,000 SF |
| Zoning | LR3 (M) |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Fireplace
- Washer/Dryer
- Kitchen
- Stainless Steel Appliances
- Tub/Shower
- Carpet
- Double Pane Windows
- Vinyl Flooring
- Quartz Countertops
SITE AMENITIES
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 725 |
| 2+1 | 5 | - | 875 |
PROPERTY TAXES
| Parcel Number | 277160-0575 | Improvements Assessment | $1,286,100 |
| Land Assessment | $2,045,900 | Total Assessment | $3,332,000 |
PROPERTY TAXES
Parcel Number
277160-0575
Land Assessment
$2,045,900
Improvements Assessment
$1,286,100
Total Assessment
$3,332,000
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