4027 Beach Dr SW | Seattle, WA 98116
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4027 Beach Dr SW
Seattle, WA 98116
Beachwood Apartments · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- One of the few waterfront apartment buildings in Seattle
- Unobstructed view of Puget Sound and the Olympic Mountains
- Large units with an average of 926 SF
- Walking distance to Alki Beach, restaurants, and shopping
- In-Place Cap Rate of 4.94% with a Proforma of 5.11%
- Quick commute to Seattle CBD with new West Seattle Bridge
PROPERTY FACTS
| No. Units | 10 | Building Size | 9,256 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1901/2015 |
| Building Class | C | Parking Ratio | 0.54/1,000 SF |
| Lot Size | 0.30 AC | ||
| Zoning | L2-UR, Seattle | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 9,256 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1901/2015 |
| Parking Ratio | 0.54/1,000 SF |
| Zoning | L2-UR, Seattle |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $1,495 | 456 |
| 1+1 | 4 | $1,675 | 750 |
| 2+1 | 1 | $2,550 | 1,000 |
| 2+2 | 4 | $3,050 | 1,200 |
PROPERTY TAXES
| Parcel Number | 156310-0070 | Improvements Assessment | $1,611,900 |
| Land Assessment | $1,580,100 | Total Assessment | $3,192,000 |
PROPERTY TAXES
Parcel Number
156310-0070
Land Assessment
$1,580,100
Improvements Assessment
$1,611,900
Total Assessment
$3,192,000
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