1815 13th Ave S
Seattle WA 98144
Beacon Crest Apartments
1815 13th Ave S Seattle WA 98144
Listing #: 682087 | Status: Available | Last Modified: 11/11/2024 |
For Sale
- Phone:(206) 604-3400
- Email:cchevaillier@lee-associates.com
- Office Name:Lee & Associates Comm R.E Serv
- Office Phone:(206) 624-2424
- Office Website:www.lee-nw.com
- Agent Phone:(206) 773-2696
- Agent Email:dlim@lee-associates.com
- Agent Phone:(206) 773-2680
- Agent Email:dsumantri@lee-associates.com
- Agent Phone:(925) 719-3480
- Agent Email:clarsen@lee-associates.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 5,700,000.0
- $/SF$ 470.4
- $/Unit$ 5,700,000.0
- Listing StatusAvailable
- Days on Market171
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income419,520
- Vacancy Factor %5.00%
- Operating Expenses148,674
- Net Operating Income249,870
- CAP Rate 4.75 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 4.75 %
- Building StatusExisting
- # of Buildings2
- # of Floors3
- # of Units22
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF15426
- Net Rentable Area12117
- Total Office SF
- Largest Contiguous SF
- Lot SF7200
- Acres0.17
- Property TypeMulti-Family
- Office Type
- InvestmentYes
- Building Class
- CountyKing
- Vicinity
- Location DescriptionBeacon Hill
- Second Address
- Cross Street
- Market AreaS. Seattle
- Tax ID #3881900190
- Additional Parcels
- ZoningLR3(M)
- LEED Certification
- LEED LevelNot
- Year Built1911
- Year Renovated2021
- Completion Date
- Roof Type
- Construction TypeWood
Beacon Crest Apartments
We are pleased to present the exclusive listing of this 22-unit apartment featuring completely renovated units. Situated in Seattleās Beacon Hill Neighborhood, residents enjoy seamless access local employment drivers, vibrant local retail, abundant dining, and other amenities. Well maintained and thoughtfully upgraded, this property has undergone significant improvements over recent years. Featuring a unit mix of studio, one, and two-bedroom units and an average unit size of 560 SF, renovations include the replacement of all wiring and plumbing throughout the units, as well as complete kitchen and bathroom remodels, ensuring modern comfort and functionality for residents. Positioned within the ever growing and primely positioned Beacon Hill submarket, this 22-unit asset presents a compelli