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This Multifamily Property is no longer advertised on LoopNet.com.
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
Listing ID: 33061168
Date on Market: 9/4/2024
Last Updated:
Address: 5454 Fauntleroy Way SW, Seattle, WA 98136
The Fairmount Park Multifamily Property at 5454 Fauntleroy Way SW, Seattle, WA 98136 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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