Magnolia 4 Apartments

3220 - 3224W Government Way Seattle WA 98199

Listing #: 663362 | Status: Withdrawn | Last Modified: 4/24/2023

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income103,664
Vacancy Factor %2.13%
Operating Expenses23,666
Net Operating Income77,788
CAP Rate4.72 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Financial Summary
CAP Rate4.720
Building Information
Building StatusExisting
# of Buildings2
# of Floors2
# of Units4
Total Building SF3,710 SF
Net Rentable Area0 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF6,098 SF
Year Built1957
Property Type
Property TypeMulti-Family
Market AreaQueen Anne/Magnolia
Tax ID #4235400175
ZoningLR3 RC

Magnolia 4-plex For Sale

Public Comments

For sale the “Mag 4” apartments located in the popular neighborhood of Magnolia. The property consists of a triplex and a townhome. The Mag 4 is conveniently positioned on the north end of Magnolia along Government Way providing easy access to Discovery Park, Magnolias Village, Elliot Bay Bike trail and within walking distance to Metropolitan Market. The Mag 4 is only a 5-minute drive to Expedia’s Elliot Bay headquarters and only a 10-minute drive to downtown Seattle Central Business district and South Lake Union. The Mag 4 is a great owner occupant opportunity where someone can live in one unit and collect rental income from the other three units to offset living costs.

Magnolia 4 Apartments
3220 - 3224W Government Way Seattle WA 98199

Listing #: 663362 | Status: Withdrawn | Listing Date: 2/24/2023 | Last Modified: 4/24/2023 | Email Listing

For Sale

Magnolia 4 Apartments

Listing Images