2251 NE Blakeley St
Seattle WA 98105

Trailwood Apartments

2251 NE Blakeley St Seattle WA 98105

Listing #: 691388 | Status: Pending | Last Modified: 1/21/2025 |

For Sale
Dan Swanson
  • Phone:(425) 444-6501
  • Email:dan.swanson@kidder.com
  • Office Name:Virgil Adams Real Estate, Inc.
  • Office Phone:(360) 352-3756
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 4,300,000.0
  • $/SF$ 408.6
  • $/Unit$ 4,300,000.0
  • Listing StatusPending
  • Days on Market8
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income309,903
  • Vacancy Factor %5.55%
  • Operating Expenses129,337
  • Net Operating Income163,366
  • CAP Rate 4.20 %
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 4.20 %
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors3
  • # of Units17
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF10523
  • Net Rentable Area10523
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF12534
  • Acres0.29
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaU-District
  • Tax ID #0925049405
  • Additional Parcels
  • ZoningLR3(M)
Parking Information
  • # Covered Spaces8
  • # Uncovered Spaces10
  • Total Parking Spots18
  • Parking Ratio
Construction
  • Year Built1987
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Excellent Ravenna location steps to the UW and Uni

Public Comments

On the market for the first time in 25 years, Trailwood Apartments is conveniently located in Seattleā€™s desirable Ravenna neighborhood steps to the University of Washington and University Village. The community boasts 17 spacious one-bedroom homes. With a Very Walkable walk score of 89, Trailwood Apartments is well positioned near a variety of community amenities. University Village, with its ±125 retailers and restaurants, is within walking distance, while the Burke Gilman Trail is immediately outside the side door. Three bus routes have stops within a 10-minute walk and take riders to Bothell, Kenmore, Lake Forest Park, and a variety of Seattle neighborhoods including Green Lake, Lake City, Roosevelt, the University District, and Wedgwood. U-District Station, just 1.2 miles away, offers

Listing Images