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Parkway Apartments
2321 NE 55 St Seattle WA 98105
Listing #: 657890 | Status: Pending | Last Modified: 6/19/2023
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 178,773 |
| Vacancy Factor % | 5.00% |
| Operating Expenses | 56,143 |
| Net Operating Income | 113,691 |
| CAP Rate | 5.22 % |
| 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 | 8 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 5.218 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 3 |
| # of Units | 8 |
| # of Elevators | 0 |
| Total Building SF | 6,176 SF |
| Net Rentable Area | 5,846 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 7,667 SF |
| Acres | 0.18 |
| Year Built | 1955 |
| Year Renovated | 1987 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Building Class | B |
| Location | |
|---|---|
| County | King |
| Market Area | U-District |
| Tax ID # | 7172700037 |
| Zoning | LR3 RC (M) |
| Parking Information | |
|---|---|
| #Covered Spaces | 4 |
| # Uncovered Spaces | 2 |
| Total Parking Spots | 6 |
Parkway Apartments | 8 Units Adjacent to Ravenna P
The Parkway Apartments, an eight-unit building located in the highly desirable and beautifully wooded Ravenna neighborhood. Situated across the street from Ravenna Park on a 7,675 sf LR3 RC (M) zone lot, the Parkway offers a diverse unit mix of four 2-beds, three 1-beds and one studio unit. These classic mid-century floorplans feature an average unit size of 731 sf, providing a spacious canvas for transformation with modern finishes. The building has received updates over the years including a full tile roof replacement and vinyl window replacements. Onsite parking to accommodate six vehicles includes four secured garage spaces. Potential to incorporate the current garage spaces into rentable square footage may exist (buyer to verify). Ideally situated near work, school and play, the Parkw
Parkway Apartments
2321 NE 55 St Seattle WA 98105
Listing #: 657890 | Status: Pending | Listing Date: 1/27/2023 | Last Modified: 6/19/2023 | Email Listing
For Sale
Parkway Apartments
