2850 15th Ave W
Seattle WA 98119

2850 15th Avenue West

2850 15th Ave W Seattle WA 98119

Listing #: 642142 | Status: Available | Last Modified: 11/10/2021 |

For Sale
Peter Argeres
  • Phone:(206) 268-3310
  • Email:petera@yateswood.com
  • Office Name:Yates, Wood & MacDonald
  • Office Phone:(206) 268-3300
  • Office Website:
Dennis Counts
Ioannis Panapoulos
Showing Instructions
  • Call Listing AgentYes
  • Use DiscretionYes

Call one of the Listing Brokers

Exterior
Price Information
  • Listing Price$ 4,900,000.0
  • $/SF$ 340.3
  • $/Unit$ 257,894.7
  • Listing StatusAvailable
  • Days on Market1211
  • Asset ClassMulti-Family
  • Search TagsLow Rise
  • Terms
Investment Information
  • Investment TypeActual
  • Investment PropYes
  • 1031 ExchangeYes
  • Gross Income270,300
  • Vacancy Factor %3.00%
  • Operating Expenses119,766
  • Net Operating Income142,425
  • CAP Rate 1.23 %
Detail Listing Information
  • Min Total SF
  • Max Total SF
  • Lease Rate Low$ 01.5
  • Lease Rate High$ 02.0
  • Heat Sourcebaseboard
  • Topographyslope
  • Total Units19
Utilities
  • Sanitary SewerCity
  • WaterCity
  • ElectricityCity
  • Storm SewerCity
Industrial Asset Class Info
  • Dock High Doors
  • Semi-Dock Doors
  • Grade Level Door Count
  • Crane Count
Multi-Family Asset Class General Information
  • Num of Units w/Patios19
  • Num of Units w/Fireplaces0
  • Common LaundryYes
  • Num Dishwashers0
Financial Summary
  • CAP Rate 1.23 %
  • $/SF/YR$ 00.0
  • $/Unit$ 257,894.7
  • Expense/Unit$ 6,303.5
Asset Class Information
  • # UnitsUnknown
  • Beds/BathsUnknown
  • Avg SqFTUnknown
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors3
  • # of Units19
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF14397
  • Net Rentable Area14397
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF17750
  • Acres0.41
Property Type
  • Property TypeMulti-Family
  • Office Type
  • InvestmentYes
  • Building ClassB
Location
  • CountyKing
  • Vicinity
  • Location DescriptionQueen Anne
  • Second Address
  • Cross StreetW Barrett
  • Market AreaQueen Anne/Magnolia
  • Tax ID #2770603825
  • Additional Parcels
  • ZoningNC3
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces0
  • Total Parking Spots0
  • Parking Ratio
Construction
  • Year Built1963
  • Year Renovated
  • Completion Date
  • Roof TypeComposite
  • Construction TypeBrick, Wood

Public Comments

First time on the market. Barrett West Apartments is a 19 unit Apartment building with 17 one bedroom units and 2 two bedroom units. This value add opportunity is positioned well on the West slope of Queen Anne with nice views looking West with some views of the water and the Interbay Golf Course. The building has 17 parking stalls, 18 storage lockers and common leased laundry.

Listing Images