1207 NW 92nd St
Seattle WA 98117
Imperial Crown Manor
1207 NW 92nd St Seattle WA 98117
Listing #: 659807 | Status: Available | Last Modified: 6/23/2023 |
For Sale
- Phone:(425) 444-6501
- Email:dan.swanson@kidder.com
- Office Name:Kidder Mathews
- Office Phone:(503) 221-9900
- Office Website:https://kidder.com/
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 10,400,000.0
- $/SF$ 353.0
- $/Unit$ 236,363.6
- Listing StatusAvailable
- Days on Market525
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units44
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings1
- # of Floors4
- # of Units44
- # of Elevators1
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF29459
- Net Rentable Area29459
- Total Office SF
- Largest Contiguous SF
- Lot SF31983
- Acres0.73
- Property TypeMulti-Family
- Office Type
- Building ClassB
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaFremont/Ballard
- Tax ID #1862400360
- Additional Parcels
- ZoningNC2P-55 (M)
- # Covered Spaces0
- # Uncovered Spaces47
- Total Parking Spots47
- Parking Ratio
- Year Built1978
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
44 Units on Nearly 32,000-SF Lot Zoned NC2P-55 (M)
Imperial Crown Manor is a 44-unit, 1978 built complex consisting of 1 and 2-bedroom apartments averaging 670 SF in Crown Hill near employers, local amenities, and public transportation, and priced at $236K per unit. The property has been updated with a new roof, dual-pane windows, elevator system upgrades, and approximately half of the units boast updated kitchens and bathrooms. Imperial Crown Manor offers a new owner positive cash flow as well as rent and other income upside potential as well as the likely opportunity to redevelop the nearly 32,000-SF lot into a 140+ unit community (buyer to verify).
