LISTING DETAILS

Magnolia 4 Apartments

3220 - 3224W Government Way Seattle WA 98199

Listing #: 663362 | Status: Withdrawn | Last Modified: 4/24/2023

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Investment Information
Investment Prop	Yes
Gross Income	103,664
Vacancy Factor %	2.13%
Operating Expenses	23,666
Net Operating Income	77,788
CAP Rate	4.72 %

Detail Listing Information
Min Total SF	0 SF
Max Total SF	0 SF
Lease Rate Low	$ 0.00
Lease Rate High	$ 0.00

Retail Information
Signage	Signage on Building and Freestanding

Financial Summary
CAP Rate	4.720

Building Information
Building Status	Existing
# of Buildings	2
# of Floors	2
# of Units	4
Total Building SF	3,710 SF
Net Rentable Area	0 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	6,098 SF
Acres	0.14
Year Built	1957

Property Type
Property Type	Multi-Family

Location
County	King
Market Area	Queen Anne/Magnolia
Tax ID #	4235400175
Zoning	LR3 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Listing #: 663362 | Status: Withdrawn | Listing Date: 2/24/2023 | Last Modified: 4/24/2023 | Email Listing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