10335 Midvale Ave N
Seattle WA 98133

The Midvale Apartments

10335 Midvale Ave N Seattle WA 98133

Listing #: 689297 | Status: Available | Last Modified: 11/25/2024 |

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:
Ryan Iles
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,525,000.0
  • $/SF$ 270.9
  • $/Unit$ 1,525,000.0
  • Listing StatusAvailable
  • Days on Market15
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income125,828
  • Vacancy Factor %3.00%
  • Operating Expenses50,376
  • Net Operating Income71,677
  • CAP Rate 4.95 %
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 4.95 %
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors3
  • # of Units6
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF5630
  • Net Rentable Area5630
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF4820
  • Acres0.11
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaGreenlake
  • Tax ID #6300500120
  • Additional Parcels
  • ZoningLR3
Parking Information
  • # Covered Spaces1
  • # Uncovered Spaces-1
  • Total Parking Spots0
  • Parking Ratio
Construction
  • Year Built1996
  • Year Renovated2010
  • Completion Date
  • Roof Type
  • Construction Type

The Midvale Apartments

Public Comments

The Midvale Apartments offer an investor the opportunity to acquire a stable, well-maintained property with immediate income upside in a location that is convenient and ripe for growth. Built in 1996, the building features newer systems and large, moderns floorplans with complete appliance packages and in-unit washer/dryers. The building features (4) 2bd/1.5bth two-story “townhouse” units, (1) 2bd/1bth, and (1) 1bd/1bth unit. Additional amenities include secure, intercom access, private balconies/patios in all units and convenient off-street parking.

Listing Images