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Parkview Apartments
1120 14th Ave S Seattle WA 98144
Listing #: 672629 | Status: Available | Last Modified: 5/1/2024
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 214,991 |
| Vacancy Factor % | 3.00% |
| Operating Expenses | 58,578 |
| Net Operating Income | 149,963 |
| CAP Rate | 5.59 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Total Units | 13 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 5.588 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 2 |
| # of Units | 13 |
| Total Building SF | 7,228 SF |
| Net Rentable Area | 6,424 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 18,731 SF |
| Acres | 0.43 |
| Year Built | 1958 |
| Roof Type | Torchdown |
| Construction Type | Masonry |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Investment | Yes |
| Location | |
|---|---|
| County | King |
| Vicinity | Beacon Hill |
| Market Area | S. Seattle |
| Tax ID # | 2829600260 |
| Zoning | LR3(M) |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 13 |
| Total Parking Spots | 13 |
Parkview Apartments
Attractive 13 unit apartment building located in the highly desirable N Beacon Hill neighborhood. The Parkview has undergone a series of recent upgrades, including new exterior paint and remodeled units boasting new cabinets, stone countertops, flooring, and appliance packages. The building is thoughtfully equipped with a secured entry, low-maintenance landscaping, a spacious patio for tenants, as well as common laundry facilities and ample parking. Prospective buyers will find additional upside by capitalizing on the development possibilities of this generously sized 13,074 square foot LR3 (M) zoned lot. With ample space available, there is room to re-imagine the existing parking area and potentially add more units.
Parkview Apartments
1120 14th Ave S Seattle WA 98144
Listing #: 672629 | Status: Available | Listing Date: 10/9/2023 | Last Modified: 5/1/2024 | Email Listing
For Sale
Parkview Apartments
