Beacon View Apartments
Multifamily | 17 Units | $288,235/unit
Marketing description
Presenting Beacon View Apartments, a fully leased 17-unit multifamily asset located in the heart of North Beacon Hill, one of Seattle’s most vibrant and transit-connected neighborhoods. This property has undergone a down-to-the-studs renovation, offering investors a turnkey opportunity with modern finishes and systems throughout. Each unit is equipped with in-unit washer & dryer for tenant convenience.
Just a 5-minute walk to the Beacon Hill Light Rail Station, residents enjoy seamless access to downtown Seattle, SeaTac Airport, and the broader Puget Sound region.
Flexible Acquisition Options Available as a standalone investment or as part of a high-performing portfolio alongside Beacon Flats and Westward Apartments, offering scale and diversification in core Seattle submarkets.
This is a rare chance to acquire a stabilized, high-quality asset with built-in growth potential in one of Seattle’s most desirable urban enclaves.
Investment highlights
Strong Financials & Upside Potential
Year One NOI: $299,370
Proforma Cap Rate: 6.1%
Rents Below Market: Income upside through marginal rent increases
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