5454 Fauntleroy Way SW
Seattle WA 98136

Findlay Court

5454 Fauntleroy Way SW Seattle WA 98136

Listing #: 686273 | Status: Pending | Last Modified: 9/25/2024 |

For Sale
Eric Smith
  • Phone:(206) 623-8880
  • Email:ericsmith@paragonrea.com
  • Office Name:Paragon Real Estate Advisors
  • Office Phone:(206) 623-8880
  • Office Website:
Michael Urquhart
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 2,100,000.0
  • $/SF$ 343.7
  • $/Unit$ 2,100,000.0
  • Listing StatusPending
  • Days on Market25
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income165,166
  • Vacancy Factor %1.90%
  • Operating Expenses73,242
  • Net Operating Income88,785
  • CAP Rate 4.38 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 4.38 %
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors3
  • # of Units10
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF6110
  • Net Rentable Area6110
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF40497
  • Acres0.93
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaWest Seattle
  • Tax ID #2324039081
  • Additional Parcels7625704470
  • ZoningLR2 (M)
Parking Information
  • # Covered Spaces4
  • # Uncovered Spaces6
  • Total Parking Spots10
  • Parking Ratio
Construction
  • Year Built1987
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Findlay Court

Public Comments

Paragon Real Estate Advisors is pleased to present the Findlay Court, a meticulously maintained 10-unit apartment building located in the heart of the vibrant West Seattle neighborhood. With a strong history of diligent care under the current ownership for the past 25 years, this property offers both stability and potential for immediate rent growth.

Listing Images