714 7th Ave | Seattle, WA 98104
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- LoopNet Team
714 7th Ave
Seattle, WA 98104
Zindorf Apartments · Multifamily Property For Sale
·
75 Units
INVESTMENT HIGHLIGHTS
- Parking Lot to the South can be purchased for $500,000.
- Modern Plumbing, Electrical and Heating systems
- Market 5.21% CAP Rate
- Renovated in the late 90s from the Studs Up
- Reinforced Concrete Structure – not brick masonry
- $173,333 Price Per Unit
PROPERTY FACTS
| No. Units | 75 | Building Size | 74,000 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1910 |
| Building Class | B | Parking Ratio | 0.48/1,000 SF |
| Lot Size | 0.28 AC | ||
| Zoning | HR, City of Seattle | ||
| No. Units | 75 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.28 AC |
| Building Size | 74,000 SF |
| Average Occupancy | 92% |
| No. Stories | 5 |
| Year Built | 1910 |
| Parking Ratio | 0.48/1,000 SF |
| Zoning | HR, City of Seattle |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Bicycle Storage
- Elevator
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 73 | $1,012 | 325 |
| 1+1 | 2 | $1,237 | 575 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $6,555,000 | |
| Land Assessment | $6,900,000 | Total Assessment | $13,455,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$6,900,000
Improvements Assessment
$6,555,000
Total Assessment
$13,455,000
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