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Clift House Apartments
301 E Thomas St Seattle WA 98102
Listing #: 679031 | Status: Available | Last Modified: 4/8/2024
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 346,406 |
| Vacancy Factor % | 3.00% |
| Operating Expenses | 154,723 |
| Net Operating Income | 181,290 |
| CAP Rate | 4.04 % |
| 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 | 17 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 4.035 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 4 |
| # of Units | 17 |
| Total Building SF | 16,815 SF |
| Net Rentable Area | 12,187 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 7,200 SF |
| Acres | 0.17 |
| Year Built | 1959 |
| Construction Type | Framed, Masonry, Steel |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Investment | Yes |
| Location | |
|---|---|
| County | King |
| Cross Street | Melrose & Thomas |
| Market Area | Capitol Hill/First Hill |
| Tax ID # | 6848200105 |
| Zoning | MR(M) |
| Parking Information | |
|---|---|
| #Covered Spaces | 6 |
| # Uncovered Spaces | -6 |
| Total Parking Spots | 0 |
Clift House Apartments
New roof. New exterior paint. Rent increase potential. On the corner of Melrose and Thomas where nothing can be built in front of it. Sweeping unobstructed views of the City, the Space Needle, and the Olympics. A Walk Sore of 95. A five minute walk to Downtown, a five minute walk in the other direction to the Capitol Hill shopping district.
Spacious one and two bedroom units. Prime Capitol Hill location with sweeping views of Seattle and the Olympic Mountains. Close by the Light Rail station, walking distance to both downtown and Capitol Hill shopping and entertainment.
Mixed Use
Clift House Apartments
301 E Thomas St Seattle WA 98102
Listing #: 679031 | Status: Available | Listing Date: 3/18/2024 | Last Modified: 4/8/2024 | Email Listing
