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1310 E Thomas St Seattle WA 98102
Listing #: 660938 | Status: Available | Last Modified: 6/21/2023
Showing Instructions | |
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Call Listing Agent | No |
Use Discretion | No |
Investment Information | |
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Investment Prop | Yes |
Gross Income | 0 |
Vacancy Factor % | 0.00% |
Operating Expenses | 0 |
Net Operating Income | 0 |
Detail Listing Information | |
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Min Total SF | 0 SF |
Max Total SF | 0 SF |
Lease Rate Low | $ 0.00 |
Lease Rate High | $ 0.00 |
Total Units | 20 |
Retail Information | |
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Signage | Signage on Building and Freestanding |
Building Information | |
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Building Status | Existing |
# of Buildings | 1 |
# of Floors | 4 |
# of Units | 20 |
Total Building SF | 19,210 SF |
Net Rentable Area | 18,810 SF |
Total Office SF | 0 SF |
Largest Contiguous SF | 0 SF |
Lot SF | 13,537 SF |
Acres | 0.31 |
Year Built | 1967 |
Year Renovated | 2023 |
Construction Type | Wood |
Property Type | |
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Property Type | Multi-Family |
Investment | Yes |
Building Class | B |
Location | |
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County | King |
Market Area | Capitol Hill/First Hill |
Tax ID # | 6003501931 |
Zoning | LR3 (M) |
Parking Information | |
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#Covered Spaces | 0 |
# Uncovered Spaces | 14 |
Total Parking Spots | 14 |
Situated in one of the best pockets of Capitol Hill, this property is a turnkey apartment community featuring 20 spacious, fully renovated units. Its walkable location near transit, employers, and neighborhood amenities makes it an interesting and desirable place to live. Appealing features include large floor plans, off-street parking, and an abundance of updates, such as in-unit laundry, new roof, full unit renovations, and recently replaced hot water heaters. Further, the property’s 20-unit size should generate nearly $60,000 in monthly rent and supports competent professional management. With full management, market taxes, and current and trending rents, 1310 E Thomas should perform at a 5.4% cap rate and a 13.1 GRM. 1310 E Thomas offers pricing more than 10% below new construction whi
1310 East Thomas Street
1310 E Thomas St Seattle WA 98102
Listing #: 660938 | Status: Available | Listing Date: 4/12/2023 | Last Modified: 6/21/2023 | Email Listing