714 7th Ave
Seattle WA 98104
Zindorf Apartments
714 7th Ave Seattle WA 98104
Listing #: 684469 | Status: Available | Last Modified: 9/23/2024 |
For Sale
- Phone:(206) 499-8191
- Email:jerrid.anderson@kidder.com
- Office Name:Kidder Mathews
- Office Phone:(206) 296-9600
- Office Website:
- Agent Phone:(425) 736-5516
- Agent Email:matt.laird@kidder.com
- Agent Phone:(425) 619-6826
- Agent Email:jack.shephard@kidder.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 11,000,000.0
- $/SF$ 414.4
- $/lot sf$ 917.4
- $/Unit$ 11,000,000.0
- Listing StatusAvailable
- Days on Market114
- Asset ClassMulti-Family, Land
- Terms
- Investment Type
- Investment PropYes
- Gross Income1,143,604
- Vacancy Factor %5.00%
- Operating Expenses465,262
- Net Operating Income621,161
- CAP Rate 6.17 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Topography
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 6.17 %
- Building StatusExisting
- # of Buildings1
- # of Floors5
- # of Units74
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF26545
- Net Rentable Area26545
- Total Office SF
- Largest Contiguous SF
- Lot SF11991
- Acres0.28
- Property TypeMulti-Family
- Office Type
- InvestmentYes
- Building ClassB
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaCapitol Hill/First Hill
- Tax ID #8590400465
- Additional Parcels8590400468
- ZoningHR(M)
- # Covered Spaces0
- # Uncovered Spaces18
- Total Parking Spots18
- Parking Ratio
- Year Built1911
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Zindorf Apartments
Zindorf offers a unique opportunity to acquire both the 74-unit property and the adjacent parking lot as a long-term covered land play. The coveted High-Rise (HR) zoning at 440’ provides the buyer with the chance to redevelop the site into a trophy high-rise asset or sell it to a developer as part of an assemblage in the future.
Apodments