5454 Fauntleroy Way SW | Seattle, WA 98136
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- LoopNet Team
5454 Fauntleroy Way SW
Seattle, WA 98136
Findlay Court · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- Market 6.5% cap rate based on a market rent of $2.69/SqFt
- Opportunity to add washer/dryers (Buyer to verify)
- Intercom system
- The roof was replaced in 2023
- Great entry basis of $210,000/unit and $343/net rentable SqFt
- Intercom system
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 6,110 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1987 |
| Building Class | C | ||
| Zoning | LR2 (M) | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,110 SF |
| No. Stories | 3 |
| Year Built | 1987 |
| Zoning | LR2 (M) |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Public Transportation
- Individual Locking Bedrooms
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 9 | $1,403 | 550 - 675 |
| 2+1 | 1 | $1,655 | 790 |
PROPERTY TAXES
| Parcel Number | 232403-9081 | Improvements Assessment | $1,281,900 |
| Land Assessment | $873,100 | Total Assessment | $2,155,000 |
PROPERTY TAXES
Parcel Number
232403-9081
Land Assessment
$873,100
Improvements Assessment
$1,281,900
Total Assessment
$2,155,000
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