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8543 Midvale Ave N
Seattle, WA 98103
Midvale Apartments · Multifamily Property For Sale
·
20 Units
Property Facts
| No. Units | 20 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 12,008 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 2018 |
| Building Class | B | Parking Ratio | 0.42/1,000 SF |
| Zoning | LR3 | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 12,008 SF |
| No. Stories | 5 |
| Year Built | 2018 |
| Parking Ratio | 0.42/1,000 SF |
| Zoning | LR3 |
About 8543 MIDVALE AVE N , SEATTLE, WA 98103
Westlake Associates is proud to present the 20 unit Midvale Apartments for sale. The property consists of 17 one bedroom units, two studios and one SEDU, and presents investors with the opportunity to own a pride-of-ownership building in one of the most sought after neighborhoods in the region. The Midvale Apartments offers strong cash flow, low maintenance, and high appreciation for a long term investment. Built in 2018, the apartments are Built Green with a 4 star rating. They have large open floorplans, with state of the art modern finishes, including granite counters, heat-pump heating and air conditioning, on-demand hot water supply, tile back-splashes and crown molding, high end stainless steel KitchenAid appliances, and washers and dryers in unit. Noise reduction includes triple pane windows, and an additional thick cork underlayment for condo quality sound barriers. The property is built to last, with all exteriors constructed with concrete Hardi plank, including window surrounds, and a thermoplastic polyolefin membrane (TPO) roof. The location and high end finishes of the units have attracted higher end tenants to the building, making the apartments a very low maintenance investment.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | $1,175 | 571 |
| 1+1 | 17 | $1,583 | 556 |
Property Taxes
| Parcel Number | 099300-1580 | Improvements Assessment | $3,557,400 |
| Land Assessment | $1,050,600 | Total Assessment | $4,608,000 |
Property Taxes
