8600 Aurora Ave N | Seattle, WA 98103
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8600 Aurora Ave N
Seattle, WA 98103
The Way West Apartments | Seattle, WA · Multifamily Property For Sale
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24 Units
Investment Highlights
- Way West Apartments comprises 24 multifamily units, with eight studios, 13 one-bedroom, one two-bedroom, and two commercial units.
- Super cash-flowing asset recently renovated in 2014 including a new roof in 2019
- Rare 8.00 Capitalization Rate in North Seattle based on Actual Income!
- King County has undergone significant gentrification in recent years; the apartment's flexible zoning has enabled conversions per current demand.
- Property is off the I-5 Expressway, enabling easy drive times to local demand drivers such as the desirable Northgate and Green Lake areas.
Property Facts
| No. Units | 24 | Building Size | 9,576 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1952/2014 |
| Building Class | C | Parking Ratio | 2.4/1,000 SF |
| Lot Size | 0.46 AC | ||
| Zoning | NC3P-75 (M) | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 9,576 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built/Renovated | 1952/2014 |
| Parking Ratio | 2.4/1,000 SF |
| Zoning | NC3P-75 (M) |
Amenities
Unit Amenities
- Cable Ready
- Heating
- Refrigerator
- Oven
- Range
- Tub/Shower
Property Taxes
| Parcel Number | 099300-1685 | Improvements Assessment | $607,100 |
| Land Assessment | $2,690,900 | Total Assessment | $3,298,000 |
Property Taxes
Parcel Number
099300-1685
Land Assessment
$2,690,900
Improvements Assessment
$607,100
Total Assessment
$3,298,000
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