4254 NE 7th Ave | Seattle, WA 98105
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- LoopNet Team
4254 NE 7th Ave
Seattle, WA 98105
Avalon Apartments · Multifamily Property For Sale
·
20 Units
INVESTMENT HIGHLIGHTS
- Opportunity to increase rents by more than 20%
- Easy access to major employers such as Amazon and Google
- Proximity to University of Washington and Light Rail Station
- Perfectly positioned to benefit from the massive expansion and development in the submarket
PROPERTY FACTS
| No. Units | 20 | Building Size | 12,440 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1980 |
| Building Class | C | Parking Ratio | 1.38/1,000 SF |
| Lot Size | 0.21 AC | ||
| Zoning | MR (M1) | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 12,440 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1980 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | MR (M1) |
AMENITIES
SITE AMENITIES
- Controlled Access
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | $1,045 | 450 |
| 1+1 | 6 | $1,305 | 640 |
| 2+1 | 4 | $1,562 | 750 |
| 3+1 | 2 | $1,500 | 1,000 |
PROPERTY TAXES
| Parcel Number | 409230-0940 | Improvements Assessment | $703,000 |
| Land Assessment | $3,780,000 | Total Assessment | $4,483,000 |
PROPERTY TAXES
Parcel Number
409230-0940
Land Assessment
$3,780,000
Improvements Assessment
$703,000
Total Assessment
$4,483,000
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