8716 Sand Point Way NE
Seattle WA 98115
Beach Club Cottages
8716 Sand Point Way NE Seattle WA 98115
Listing #: 711255 | Status: Available | Last Modified: 4/10/2026 |
For Sale
- Phone:(425) 444-6501
- Email:dan.swanson@kidder.com
- Office Name:Kidder Mathews
- Office Phone:(208) 362-8600
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 5,700,000.0
- $/SF$ 598.5
- $/Unit$ 5,700,000.0
- Listing StatusAvailable
- Days on Market13
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income393,132
- Vacancy Factor %4.78%
- Operating Expenses148,723
- Net Operating Income225,613
- CAP Rate 4.29 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 4.29 %
- Building StatusExisting
- # of Buildings6
- # of Floors2
- # of Units14
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF9524
- Net Rentable Area9524
- Total Office SF
- Largest Contiguous SF
- Lot SF47260
- Acres1.08
- Property TypeMulti-Family
- Office Type
- InvestmentYes
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaN. Seattle
- Tax ID #3426049036
- Additional Parcels
- ZoningNR3
- # Covered Spaces3
- # Uncovered Spaces15
- Total Parking Spots18
- Parking Ratio
- Year Built1920
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Turnkey waterfront property on Lake Washington
Positioned on the western shore of Lake Washington in the desirable Matthews Beach neighborhood just steps from the Burke-Gilman trail and a short walk from Matthews Beach, Beach Club Cottages is a 14-unit multifamily community comprised of 6 buildings on two adjacent parcels. Boasting 110 feet of lake frontage, direct beach access, boat slips, garage and off-street parking, and fully renovated, luxury units, Beach Club Cottages is a high-quality asset that should provide nearly 0% vacancy and will appeal to both apartment and owner-occupant investors. Situated in Seattle’s desirable Matthews Beach neighborhood, Beach Club Cottages is well positioned near an abundance of recreational opportunities. A dock with two on-site boat slips along with its own beach provides residents with lake a
