1201 S Cloverdale St
Seattle WA 98108

Vivir

1201 S Cloverdale St Seattle WA 98108

Listing #: 712207 | Status: Available | Last Modified: 4/29/2026 |

For Sale
Steven Chattin
  • Phone:(425) 269-3826
  • Email:steven.chattin@berkadia.com
  • Office Name:Berkadia Real Estate Advisors, LLC
  • Office Phone:(206) 521-7220
  • Office Website:
Mitchell Belcher
Jay Timpani
Chad Blenz
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Web_11.jpg
Price Information
  • Listing Price$ 3,300,000.0
  • $/SF$ 298.8
  • $/Unit$ 3,300,000.0
  • Listing StatusAvailable
  • Days on Market4
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 6.10 %
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
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units20
  • # of Elevators0
  • Clearance Height Min0
  • Clearance Height Max
  • Bay Depth
  • Total Building SF11340
  • Net Rentable Area11045
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF12197
  • Acres0.28
Property Type
  • Property TypeMulti-Family
  • Office Type
  • InvestmentYes
  • Building ClassB
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaWest Seattle
  • Tax ID #7883607705
  • Additional Parcels
  • ZoningRSL(M)
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces10
  • Total Parking Spots10
  • Parking Ratio10
Construction
  • Year Built1957
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction TypeBrick, Masonry, Wood

1201 S Cloverdale St

Public Comments

Vivir presents a strategic acquisition opportunity in the West Seattle/South Seattle submarket – a most renovated, recently stabilized 20-unit property where significant value-add work has already been completed and validated through current performance. With 15 units fully renovated and achieving market-rate rents, Vivir delivers a 6.45% pro forma cap rate while offering clear upside potential. Three units are partially renovated and positioned for near-term completion, while two units remain ready for upgrades, providing straightforward execution opportunities for new ownership. The property features a diversified mix of studio, one-bedroom, and two-bedroom units averaging 568 square feet. Renovated units include luxury vinyl plank flooring, hard surface countertops, contemporary fixture

Listing Images