4253 NE 7th Ave | Seattle, WA 98105
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- LoopNet Team
4253 NE 7th Ave
Seattle, WA 98105
Maplewood Apartments · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- Walking distance to UW, one of the best universities in the world, #6 globally and #2 in the US.
- Less than a 10 min walk to countless restaurants, nightlife, amenities, and regional light rail station.
- Maplewood features large units in exceptional condition. Ability to raise rents 20%+ after light renovations.
- First time on the market legacy asset. Developed, owned, and managed by the family since 1985.
PROPERTY FACTS
| No. Units | 24 | Lot Size | 0.30 AC |
| Property Type | Multifamily | Building Size | 26,544 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1985 |
| Building Class | C | Parking Ratio | 0.83/1,000 SF |
| Zoning | LR3 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 26,544 SF |
| No. Stories | 4 |
| Year Built | 1985 |
| Parking Ratio | 0.83/1,000 SF |
| Zoning | LR3 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Range
- Smoke Free
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Laundry Facilities
- Recycling
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 508 |
| 2+1 | 5 | - | 795 - 800 |
| 3+1.5 | 3 | - | 877 |
| 3+2 | 12 | - | 988 |
PROPERTY TAXES
| Parcel Number | 409230-0780 | Improvements Assessment | $3,016,600 |
| Land Assessment | $4,376,400 | Total Assessment | $7,393,000 |
PROPERTY TAXES
Parcel Number
409230-0780
Land Assessment
$4,376,400
Improvements Assessment
$3,016,600
Total Assessment
$7,393,000
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