605 E Denny Way
Seattle WA 98122
The Winchester Apartments
605 E Denny Way Seattle WA 98122
Listing #: 673912 | Status: Available | Last Modified: 4/19/2024 |
For Sale
- Phone:(206) 812-9119
- Email:ryan@paragonrea.com
- Office Name:Paragon Real Estate Advisors
- Office Phone:(206) 623-8880
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 5,995,000.0
- $/SF$ 391.2
- $/Unit$ 199,833.3
- Listing StatusAvailable
- Days on Market174
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income508,866
- Vacancy Factor %3.00%
- Operating Expenses212,329
- Net Operating Income281,271
- CAP Rate 4.95 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units30
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 4.95 %
- Building StatusExisting
- # of Buildings1
- # of Floors5
- # of Units30
- # of Elevators1
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF22795
- Net Rentable Area15325
- Total Office SF
- Largest Contiguous SF
- Lot SF5196
- Acres0.12
- Property TypeMulti-Family
- Office Type
- InvestmentYes
- Building ClassB
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaCapitol Hill/First Hill
- Tax ID #6848700095
- Additional Parcels
- ZoningMR(M)
- Year Built1927
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
The Winchester Apartments
The Winchester Apartments offer a singular opportunity to own a true trophy asset with a rich history in one of the finest rental locations in the city of Seattle. The property has been lovingly cared for by past owners and is in great condition with a very stable occupancy history. New ownership will benefit from strong future rent growth and appreciation and has several options to realize immediate income upside and ways of adding value. Seller financing available for a qualified buyer.
Apt. D+S #1161
