LISTING DETAILS

Bayberry Apartments

6700 24th Ave NW Seattle WA 98117

Listing #: 666485 | Status: Available | Last Modified: 5/8/2024

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income0
Vacancy Factor %0.00%
Operating Expenses0
Net Operating Income0
CAP Rate5.00 %
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
Building Information
Building StatusExisting
# of Buildings2
# of Floors3
# of Units11
# of Elevators0
Total Building SF7,800 SF
Net Rentable Area10,158 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF7,841 SF
Acres0.18
Year Built1919
Year Renovated2023
Construction TypeFramed, Wood
Property Type
Property TypeMulti-Family
InvestmentYes
Location
CountyKing
VicinityBallard
Cross StreetNW 67th St
Market AreaFremont/Ballard
Tax ID #7518508880
ZoningLR2(M)
Parking Information
#Covered Spaces8
# Uncovered Spaces0
Total Parking Spots8

Bayberry Apartments

Public Comments

$300,000 PRICE REDUCTION Bayberry is a charming 11-unit apartment building with plans and permits to add an additional 11 units to the large parking lot. It is ideally located in the quiet stretch of north Ballard, within walking distance to all the amenities Ballard residents love. Bayberry features recent building improvements to the roof, windows, plumbing, and electrical systems, and 6 of the 11 existing units have been renovated, leaving 5 units for the new owner to renovate and raise rents to market rates. Once renovations and the new addition are complete, Bayberry will have 22 units generating an estimated $450,000 in gross income upon stabilization. Bayberry is a great value-add opportunity, with exceptional upside, in a forever Seattle neighborhood. See attached marketing flyer f

Bayberry Apartments
6700 24th Ave NW Seattle WA 98117

Listing #: 666485 | Status: Available | Listing Date: 5/8/2023 | Last Modified: 5/8/2024 | Email Listing

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Bayberry Apartments

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