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605 E Denny Way
Seattle, WA 98122
Winchester Apartments · Multifamily Property For Sale
·
30 Units
Investment Highlights
- Excellent Capitol Hill location close to Broadway and Pike/Pine Corridor
- Current 5.88% Cap Rate with immediate upside to a 7.28%+ Cap Rate
- 30 units: Mix of large studios, one-bedroom and two-bedroom floorplans
- Trophy “classic-brick” property with old-world character and detailing
- Great value: $155,000/unit and $303/NRSF
- Well-maintained and updated building with professional management
Property Facts
| No. Units | 30 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 15,325 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 5 |
| Building Class | C | Year Built | 1927 |
| Zoning | MR (M) | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 15,325 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 1927 |
| Zoning | MR (M) |
Amenities
Unit Amenities
- Heating
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Views
Site Amenities
- Laundry Facilities
- Vintage Building
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 24 | - | 475 |
| 1+1 | 5 | - | 650 |
| 2+1 | 1 | - | 850 |
Property Taxes
| Parcel Number | 684870-0095 | Improvements Assessment | $3,681,600 |
| Land Assessment | $2,078,400 | Total Assessment | $5,760,000 |
Property Taxes
Parcel Number
684870-0095
Land Assessment
$2,078,400
Improvements Assessment
$3,681,600
Total Assessment
$5,760,000
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