301 E Thomas St
Seattle WA 98102
Clift House Apartments
301 E Thomas St Seattle WA 98102
Listing #: 679031 | Status: Available | Last Modified: 4/8/2024 |
For Sale
- Phone:(206) 619-3274
- Email:robert@capstonerea.com
- Office Name:Capstone Commercial R. E.
- Office Phone:(206) 324-9427
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 4,750,000.0
- $/SF$ 389.8
- $/Unit$ 279,411.8
- Listing StatusAvailable
- Days on Market47
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income346,406
- Vacancy Factor %3.00%
- Operating Expenses154,723
- Net Operating Income181,290
- CAP Rate 4.04 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units17
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 4.04 %
- Building StatusExisting
- # of Buildings1
- # of Floors4
- # of Units17
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF16815
- Net Rentable Area12187
- Total Office SF
- Largest Contiguous SF
- Lot SF7200
- Acres0.17
- Property TypeMulti-Family
- Office Type
- InvestmentYes
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross StreetMelrose & Thomas
- Market AreaCapitol Hill/First Hill
- Tax ID #6848200105
- Additional Parcels
- ZoningMR(M)
- # Covered Spaces6
- # Uncovered Spaces-6
- Total Parking Spots0
- Parking Ratio
- Year Built1959
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeFramed, Masonry, Steel
Clift House Apartments
New roof. New exterior paint. Rent increase potential. On the corner of Melrose and Thomas where nothing can be built in front of it. Sweeping unobstructed views of the City, the Space Needle, and the Olympics. A Walk Sore of 95. A five minute walk to Downtown, a five minute walk in the other direction to the Capitol Hill shopping district.
Spacious one and two bedroom units. Prime Capitol Hill location with sweeping views of Seattle and the Olympic Mountains. Close by the Light Rail station, walking distance to both downtown and Capitol Hill shopping and entertainment.
Mixed Use