Listed by Gibraltar
$6,500,000
Queenview
Details
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 22,287
Units 31
Cap Rate 5.50%
Occupancy 100%
Price per SqFt $292
Class B
Buildings 1
Stories 4
Lot Size (SqFt) 8,149
Zoning NR3
Investment Type Core
Iconic Trophy Asset On Top of Seattle's Queen Anne Hill
Marketing description
Charming heritage appeal featuring high ceilings, spacious layouts and hardwood floors
Meticulously maintained pride of ownership building
Great value add potential to increase rents by 20% with strategic renovations
Rare opportunity to modernize a classic property and realize substantial returns
Prime Top of Queen Anne location with exceptional proximity to major employers and amenities
Quiet residential neighborhood surrounded by multimillion dollar homes
Unbeatable location with views of the Puget Sound and the Olympic Mountains
Highly desirable limited market opportunity
Listing Contacts
Listed by Gibraltar
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