2807 S Hanford St | Seattle, WA 98144
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- LoopNet Team
2807 S Hanford St
Seattle, WA 98144
Hanford Studios · Multifamily Property For Sale
·
33 Units
INVESTMENT HIGHLIGHTS
- Ideal location in Seattle’s iconic Central District is anchored by accessible transit, restaurants, nightlife, and retail stores
- Property’s central location will support consistent future rental demand with 76% of residents employed in white-collar positions
- In-unit amenities include granite countertops, stainless steel appliances, vinyl flooring, and vaulted ceilings
- Thoughtfully-designed, the property attracts young, working professional and students seeking lower-rental options near employment sectors
- The building consists of 6 floors with ground-level outdoor amenity space, shared laundry facilities, bicycle storage, and a lobby
- Average effective rent in the submarket was $2,107 through 4Q2024, offering tenants a 4.7% discount from average effective rent in the Seattle Metro
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 | - | 234 - 265 |
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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