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
- Phone:(425) 269-3826
- Email:steven.chattin@berkadia.com
- Office Name:Berkadia Real Estate Advisors, LLC
- Office Phone:(206) 521-7220
- Office Website:
- Agent Phone:(425) 891-9594
- Agent Email:mitchell.belcher@berkadia.com
- Agent Phone:(206) 999-3206
- Agent Email:jay.timpani@berkadia.com
- Agent Phone:(206) 491-2008
- Agent Email:chad.blenz@berkadia.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 3,300,000.0
- $/SF$ 298.8
- $/Unit$ 3,300,000.0
- Listing StatusAvailable
- Days on Market4
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 6.10 %
- 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
- 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 TypeMulti-Family
- Office Type
- InvestmentYes
- Building ClassB
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaWest Seattle
- Tax ID #7883607705
- Additional Parcels
- ZoningRSL(M)
- # Covered Spaces0
- # Uncovered Spaces10
- Total Parking Spots10
- Parking Ratio10
- Year Built1957
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeBrick, Masonry, Wood
1201 S Cloverdale St
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
