4301 SW Hanford St | Seattle, WA 98116
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- LoopNet Team
4301 SW Hanford St
Seattle, WA 98116
DONNA J Apartments · Multifamily Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- First time on the market in 65 years
- Fully leased asset of 11 apartments – 10-1BD/1BA and 1-2BD/1BA
- Value-add opportunity with immediate rental upside
- Corner property with frontage on California Ave SW Heart of West Seattle’s Admiral District
- Low price per unit of 169K for a maintained property with 3.9% ProForma Cap Rate
- Zoning potential for a 29-unit apartment to 55ft with stunning mountain views
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Storage Space
- Heating
- Kitchen
- Oven
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | $1,048 | 500 |
| 2+1 | 1 | $1,300 | 1,000 |
PROPERTY TAXES
| Parcel Number | 570850-0505 | Improvements Assessment | $1,247,300 |
| Land Assessment | $1,089,700 | Total Assessment | $2,337,000 |
PROPERTY TAXES
Parcel Number
570850-0505
Land Assessment
$1,089,700
Improvements Assessment
$1,247,300
Total Assessment
$2,337,000
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