2635 Prosch Ave W
Seattle WA 98119
Back Nine Apartments
2635 Prosch Ave W Seattle WA 98119
Listing #: 687392 | Status: Available | Last Modified: 12/20/2024 |
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$ 1,995,000.0
- $/SF$ 593.8
- $/Unit$ 1,995,000.0
- Listing StatusAvailable
- Days on Market86
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income153,709
- Vacancy Factor %5.00%
- Operating Expenses49,279
- Net Operating Income96,744
- CAP Rate 5.24 %
- 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 5.24 %
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units8
- # of Elevators
- A/CYes
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF4306
- Net Rentable Area3360
- Total Office SF
- Largest Contiguous SF
- Lot SF6098
- Acres0.14
- Property TypeMulti-Family
- Office Type
- InvestmentYes
- Building Class
- CountyKing
- VicinityQueen Anne
- Location Description
- Second Address
- Cross Street
- Market AreaQueen Anne/Magnolia
- Tax ID #2770604265
- Additional Parcels
- ZoningLR1(M)
- Year Built1955
- Year Renovated2022
- Completion Date
- Roof Type
- Construction TypeFramed, Wood
Back Nine Apartments
We are pleased to present the exclusive listing of the Back Nine Apartments, an eight-unit apartment building in West Queen Anne. Centrally positioned between Ballard, Fremont, South Lake Union and Downtown Seattle, Back Nine offers its residents convenient proximity to local amenities and major employers such as Meta, Google, Expedia, and others. The property features an attractive unit mix consisting of all walk-up style one-bedroom apartments with separate entrances and featuring a spacious average size of 538 sf. The building also offers its tenants a shared back yard space, incorporating a patio and barbecue area. Units 1, 2, 3, 4, 6, and 7 have undergone significant interior updates, including the removal of outdated cabinetry, flooring, hardware, and plumbing lines, as well as th