LISTING DETAILS

9403 Linden Avenue N

9403 Linden Ave N Seattle WA 98103

Listing #: 678132 | Status: Available | Last Modified: 5/10/2024

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income153,740
Vacancy Factor %3.08%
Operating Expenses63,190
Net Operating Income85,814
CAP Rate3.90 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Total Units6
Retail Information
SignageSignage on Building and Freestanding
Financial Summary
CAP Rate3.895
Building Information
Building StatusExisting
# of Buildings1
# of Floors4
# of Units6
Total Building SF10,683 SF
Net Rentable Area7,158 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF6,098 SF
Acres0.14
Year Built1989
Property Type
Property TypeMulti-Family
Location
CountyKing
Market AreaGreenlake
Tax ID #6749700075
ZoningLR2(M)

Linden Apartments

Public Comments

6 unit Value add Building. Built in 1989 with large units averaging 1,158 Sqft. All 2x2's with a penthouse. The property has 8 total garage parking spots with 2 of them being tandem parking. Value is in the operations and renovation of units. New roof, new mailbox, and minimum maintenance. Opportunity to raise rents by 36% on renovations. Close to DT Seattle and located in the Greenwood neighborhood. Call Listing Broker to arrange a tour.

9403 Linden Avenue N
9403 Linden Ave N Seattle WA 98103

Listing #: 678132 | Status: Available | Listing Date: 2/28/2024 | Last Modified: 5/10/2024 | Email Listing

For Sale

9403 Linden Avenue N

Listing Images