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8500 32nd Ave NW
Seattle, WA 98117
Sunset Plaza · Multifamily Property For Sale
·
10 Units
Investment Highlights
- Value-add opportunity: Well-maintained building with ability to capture rental upside through cosmetic updates to 7 of 10 units
- Strong Unit Mix: Spacious two- and three-bedroom units, averaging 972 square feet.
- Exceptional location within steps of Golden Gardens Park: 1.1 miles to Metropolitan Market, 1.3 miles to Golden Gardens Park, 1.9 miles to Fred Meyer
- Opportunity to add 11th Unit: An oversized storage space has existing bathroom and electrical for potential 11th unit conversion (Buyer to verify)
- Ample off-street parking: 10 off street parking spaces, accommodating a 1:1 unit parking ratio
Property Facts
| No. Units | 10 | Building Size | 11,856 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | C | Parking Ratio | 0.84/1,000 SF |
| Lot Size | 0.19 AC | ||
| Zoning | NC1-40, Seattle - Neighborhood Commercial | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 11,856 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 0.84/1,000 SF |
| Zoning | NC1-40, Seattle - Neighborhood Commercial |
Amenities
Unit Amenities
- Fireplace
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 9 | $1,850 | 775 - 1,070 |
| 3+2.5 | 1 | $3,000 | 2,130 |
Property Taxes
| Parcel Number | 226700-0140 | Improvements Assessment | $1,126,500 |
| Land Assessment | $1,685,500 | Total Assessment | $2,812,000 |
Property Taxes
Parcel Number
226700-0140
Land Assessment
$1,685,500
Improvements Assessment
$1,126,500
Total Assessment
$2,812,000
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