Willet Apartments 4252 8th Ave NE 20 Unit Apartment Building $4,500,000 ($225,000/Unit) Seattle, WA 98105



INVESTMENT HIGHLIGHTS
- Prime Location – Steps from UW, restaurants, cafes, and shopping
- Strong Rental Demand – Ideal for students, faculty, and young professionals
- Modern Construction (2017) – Contemporary design with premium finishes
- Owner Financing Available
EXECUTIVE SUMMARY
An exceptional 20-unit multifamily property in the heart of Seattle’s University District! Built in 2017, this modern and well-maintained apartment building offers high-quality finishes, strong rental demand, and an unbeatable location just minutes from the University of Washington.
PROPERTY FACTS
Price | $4,500,000 |
Price Per Unit | $225,000 |
Sale Type | Investment |
No. Units | 20 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid-Rise |
Building Class | B |
Lot Size | 0.08 AC |
Building Size | 7,296 SF |
No. Stories | 4 |
Year Built | 2017 |
Zoning | MR (M1) |
AMENITIES
SITE AMENITIES
- 24 Hour Access
- Fenced Lot
- Gated
- Storage Space
- Bicycle Storage
- Public Transportation
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
Studios | 20 | - | 305 - 308 |
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (83)
Bike Score®
Very Bikeable (87)
PROPERTY TAXES
Parcel Number | 409230-1270 | Improvements Assessment | $3,006,500 |
Land Assessment | $1,396,500 | Total Assessment | $4,403,000 |