Allview

4427 5th Ave NE Seattle WA 98105

Listing #: 595255 | Status: Sold | Closing Date: 04/26/2018 | Last Modified: 5/9/2018 |

For Sale

4427 5th Ave NE Seattle WA 98105

Agent Information
Showing Instructions
Call Listing AgentYes
Use DiscretionNo

Jerrid Anderson

(206) 382-8554
jerrid.anderson@colliers.com

Dylan Simon

(206) 414-8575
dylan.simon@colliers.com

Colliers International WA, LLC

(206) 223-0866

Listing Information
Price
Listing Price$ 3,600,000
$/SF$ 451.13
$/Unit$ 300,000.00
Listing StatusSold
Days On Market49
Asset ClassMulti-Family
Closed Sales Only
Actual Sold Price$ 3,800,000
$/SF$ 423.92
Closing Date04/26/2018
Selling BrokerJerrid Anderson
Investment Information
Investment TypeProforma
Investment PropYes
Gross Income$ 215,213
Vacancy Factor %0.00%
Operating Expenses$ 64,852
Net Operating Income$ 150,361
CAP Rate4.18 %
Detail Listing Information
Min Total SF7,980
Total Units12
Multi-Family Asset Class General Information
Common LaundryYes
Financial Summary
CAP Rate4.18 %
$/Unit$ 300,000.00
Expense/Unit$ 5,404.33
Asset Class Information
# Units Beds/Baths Avg SqFT
12 1Bed/1Bath 665
Property Information
Building Information
Building StatusExisting
# of Buildings1
# of Floors2
# of Units12
Total Building Sq/ft8,964
Net Rentable Area7,980
Lot Sq/ft10,019
Acres0.23
Property Type
Property TypeMulti-Family
Location
CountyKing
Market AreaFremont/Ballard
Tax ID #3131201910
ZoningNC340
Construction
Year Built1959

12-Unit Apartment + Development Land

Public Comments: CALL FOR OFFERS: Thursday, March 22 See property website Investment Highlights: - 10 fully-renovated units; 2 classic units remaining - Development potential with multiple options - 5 minute walk to future light rail station - Highly-accessible location - Unique neighborhood character

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