Prepared by https://www.commercialmls.com
605 E Denny Way Seattle WA 98122
Listing #: 673912 | Status: Available | Last Modified: 4/19/2024
Showing Instructions | |
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Call Listing Agent | No |
Use Discretion | No |
Investment Information | |
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Investment Prop | Yes |
Gross Income | 508,866 |
Vacancy Factor % | 3.00% |
Operating Expenses | 212,329 |
Net Operating Income | 281,271 |
CAP Rate | 4.95 % |
Detail Listing Information | |
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Min Total SF | 0 SF |
Max Total SF | 0 SF |
Lease Rate Low | $ 0.00 |
Lease Rate High | $ 0.00 |
Total Units | 30 |
Retail Information | |
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Signage | Signage on Building and Freestanding |
Financial Summary | |
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CAP Rate | 4.946 |
Building Information | |
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Building Status | Existing |
# of Buildings | 1 |
# of Floors | 5 |
# of Units | 30 |
# of Elevators | 1 |
Total Building SF | 22,795 SF |
Net Rentable Area | 15,325 SF |
Total Office SF | 0 SF |
Largest Contiguous SF | 0 SF |
Lot SF | 5,196 SF |
Acres | 0.12 |
Year Built | 1927 |
Property Type | |
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Property Type | Multi-Family |
Investment | Yes |
Building Class | B |
Location | |
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County | King |
Market Area | Capitol Hill/First Hill |
Tax ID # | 6848700095 |
Zoning | MR(M) |
The Winchester Apartments offer a singular opportunity to own a true trophy asset with a rich history in one of the finest rental locations in the city of Seattle. The property has been lovingly cared for by past owners and is in great condition with a very stable occupancy history. New ownership will benefit from strong future rent growth and appreciation and has several options to realize immediate income upside and ways of adding value. Seller financing available for a qualified buyer.
Apt. D+S #1161
The Winchester Apartments
605 E Denny Way Seattle WA 98122
Listing #: 673912 | Status: Available | Listing Date: 11/9/2023 | Last Modified: 4/19/2024 | Email Listing