2807 S Hanford St | Seattle, WA 98144
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- LoopNet Team
2807 S Hanford St
Seattle, WA 98144
2807 Hanford · Multifamily Property For Sale
·
33 Units
INVESTMENT HIGHLIGHTS
- Brand new construction located in South Seattle within a frequent transit corridor
- Situated within an area of heightened displacement risk: Concentration of Tenant Relocation Assistance Ordinance (TRAO) cases, per the City of Seattle
- Robust renter pool within one-mile radius (40% of population)
- TCO expected in October 2023; may be delivered 100% vacant at closing
- Immediate proximity to light rail with Mount Baker Station within two blocks; multiple bus routes within a short walk
- Considered very walkable with excellent transit scores of 86 and 70, respectively
PROPERTY FACTS
| No. Units | 33 | Lot Size | 0.08 AC |
| Property Type | Multifamily | Building Size | 11,995 SF |
| Property Subtype | Apartment | Average Occupancy | 94% |
| Apartment Style | Mid-Rise | No. Stories | 6 |
| Building Class | B | Year Built | 2023 |
| Zoning | SM-NR 95 (M) | ||
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.08 AC |
| Building Size | 11,995 SF |
| Average Occupancy | 94% |
| No. Stories | 6 |
| Year Built | 2023 |
| Zoning | SM-NR 95 (M) |
AMENITIES
UNIT AMENITIES
- Microwave
- Vaulted Ceiling
- Refrigerator
- Stainless Steel Appliances
- Tub/Shower
SITE AMENITIES
- Concierge
- Laundry Facilities
- Bicycle Storage
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 33 | $1,350 | 247 |
PROPERTY TAXES
| Parcel Number | 128230-0440 | Improvements Assessment | $4,600,000 |
| Land Assessment | $504,000 | Total Assessment | $5,104,000 |
PROPERTY TAXES
Parcel Number
128230-0440
Land Assessment
$504,000
Improvements Assessment
$4,600,000
Total Assessment
$5,104,000
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