LISTING DETAILS

Quaker Court

2701 S Walden St Seattle WA 98144

Listing #: 665620 | Status: Available | Last Modified: 5/18/2023

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Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income183,854
Vacancy Factor %3.04%
Operating Expenses45,521
Net Operating Income132,747
CAP Rate4.94 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Financial Summary
CAP Rate4.940
Building Information
Building StatusExisting
# of Buildings1
# of Floors3
# of Units10
Total Building SF6,918 SF
Net Rentable Area6,918 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF7,841 SF
Acres0.18
Year Built1966
Property Type
Property TypeMulti-Family
InvestmentYes
Location
CountyKing
Market AreaS. Seattle
Tax ID #1426300305
ZoningLR3

Mt Baker 10-Unit For Sale

Public Comments

Built in 1967 and recently renovated in 2019-2020, Quaker Court is a 10-unit apartment building located in the Mt. Baker neighborhood. This convenient, urban location is just blocks from Mt. Baker Station, several recreational parks, restaurants, and schools. The systems throughout the building that have been updated include the following: in-unit Washer/Dryer, Quartz counters, LVP flooring, stainless appliances, new decks, freshly painted exterior and common areas with new carpet. This is an excellent value-add opportunity from a management perspective, as all the heavy lifting has been completed; simply raise the income. Comparable rents nearby show that there is room to considerably raise rents without additional upgrades. The Central District has see some of the strongest rents for an

Public Building Comments

Apt. D+S #29258

Quaker Court
2701 S Walden St Seattle WA 98144

Listing #: 665620 | Status: Available | Listing Date: 10/11/2022 | Last Modified: 5/18/2023 | Email Listing

For Sale

Quaker Court

Listing Images