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Cathy Jeney
Direct: (206) 812-9117
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Paragon Real Estate Advisors
Main: (206) 623-8880
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FOR SALE - Listing #: 688959
Val Anne Apartments
800 - 0 Queen Anne Ave N, Seattle WA98109
29,709 Available SF 29,709 SF
Agent Remarks
Amazing opportunity to acquire a 49 unit, fully renovated trophy asset with value-add opportunities. Built in 1958 and extensively renovated in 2019, the Val Anne offers highly sought after classic mid-century modern units which appeal to young urban professionals. Great unit mix of Studio, 1BD, 2BD and 2 penthouse units. 19 units have views of the City Skyline and Puget Sound, in addition 9 units enjoy private balconies. The two Penthouse units are in a league of their own with sweeping views of the city and sound. This is an exceptional opportunity for a new investor to acquire a top-quality investment that will continue to appreciate over time. Currently the rents are approximately 10% below market and can be increased on turnovers or with proper notice.
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County
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King
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Market Area
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Queen Anne/Magnolia
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Tax ID #
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3879900165
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Price
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$ 17,350,000
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Property Details
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Prop Type
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Multi-Family
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# Floors
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5
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Bldg SF
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36,732
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Year Built
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1958
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Land SF
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17,860
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# Bldgs
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1
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Acres
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0.41
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# Parking Spaces
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30
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Office Class
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B
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Informational Links
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