9403 Linden Ave N
Seattle WA 98103

9403 Linden Avenue N

9403 Linden Ave N Seattle WA 98103

Listing #: 678132 | Status: Available | Last Modified: 2/29/2024 |

For Sale
Matt Laird
  • Phone:(425) 736-5516
  • Email:matt.laird@kidder.com
  • Office Name:Kidder Mathews
  • Office Phone:(206) 296-9600
  • Office Website:
Winslow Lee
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 2,500,000.0
  • $/SF$ 349.3
  • $/Unit$ 2,500,000.0
  • Listing StatusAvailable
  • Days on Market68
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income153,740
  • Vacancy Factor %3.08%
  • Operating Expenses63,190
  • Net Operating Income85,814
  • CAP Rate 3.62 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 3.62 %
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors4
  • # of Units6
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF10683
  • Net Rentable Area7158
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF6098
  • Acres0.14
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaGreenlake
  • Tax ID #6749700075
  • Additional Parcels
  • ZoningLR2(M)
Construction
  • Year Built1989
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Linden Apartments

Public Comments

6 unit Value add Building. Built in 1989 with large units averaging 1,158 Sqft. All 2x2's with a penthouse. The property has 8 total garage parking spots with 2 of them being tandem parking. Value is in the operations and renovation of units. New roof, new mailbox, and minimum maintenance. Opportunity to raise rents by 36% on renovations. Close to DT Seattle and located in the Greenwood neighborhood. Call Listing Broker to arrange a tour.

Listing Images