LISTING DETAILS

2850 15th Avenue West

2850 15th Ave W Seattle WA 98119

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

Exterior
Showing Instructions
Call Listing AgentYes
Use DiscretionYes
Investment Information
Investment TypeActual
Investment PropYes
1031 ExchangeYes
Gross Income270,300
Vacancy Factor %3.00%
Operating Expenses119,766
Net Operating Income142,425
CAP Rate1.23 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 1.52
Lease Rate High$ 2.00
Heat Sourcebaseboard
Topographyslope
Total Units19
Utilities
Sanitary SewerCity
WaterCity
ElectricityCity
Storm SewerCity
Multi-Family Asset Class General Information
Num of Units w/Patios19
Num of Units w/Fireplaces0
Common LaundryYes
Num Dishwashers0
Financial Summary
CAP Rate1.234
$/SF/YR$ 0.00
$/Unit$ 257,894.74
Expense/Unit$ 6,303.47
Asset Class Information
# UnitsUnknown
Beds/BathsUnknown
Avg SqFTUnknown
Building Information
Building StatusExisting
# of Buildings1
# of Floors3
# of Units19
Total Building SF14,397 SF
Net Rentable Area14,397 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF17,750 SF
Acres0.41
Year Built1963
Roof TypeComposite
Construction TypeBrick, Wood
Property Type
Property TypeMulti-Family
InvestmentYes
Building ClassB
Location
CountyKing
Location DescriptionQueen Anne
Cross StreetW Barrett
Market AreaQueen Anne/Magnolia
Tax ID #2770603825
ZoningNC3
Parking Information
#Covered Spaces0
# Uncovered Spaces0
Total Parking Spots0

Showing Instructions

Call one of the Listing Brokers

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.

2850 15th Avenue West
2850 15th Ave W Seattle WA 98119

Listing #: 642142 | Status: Available | Listing Date: 8/2/2021 | Last Modified: 11/10/2021 | Email Listing

For Sale

2850 15th Avenue West

Listing Images