Major price improvement. $155,000/unit and Proforma 7.28% cap rate with conservative market rents! The Winchester Apartments offer a singular opportunity to own a true trophy asset with a rich history in one of the finest rental locations in the city of Seattle. The property has been lovingly cared for by past owners and is in great condition with a very stable occupancy history. New ownership will benefit from strong future rent growth and appreciation and has several options to realize immediate income upside and ways of adding value.
Pending feasibility
Listed by:
Ryan Iles,
Paragon Real Estate Advisors
$4,650,000
605 E Denny Way, Seattle, WA 98122
7beds
30baths
15,325sqft
Est.:
Multi Family
Built in 1927
-- sqft lot
$4,359,900 Zestimate®
$303/sqft
$-- HOA
What's special
- 36 days |
- 258 |
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