Prepared by https://www.commercialmls.com
Zindorf Apartments
714 7th Ave Seattle WA 98104
Listing #: 684469 | Status: Available | Last Modified: 9/23/2024
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 1,143,604 |
| Vacancy Factor % | 5.00% |
| Operating Expenses | 465,262 |
| Net Operating Income | 621,161 |
| CAP Rate | 6.17 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 6.167 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 5 |
| # of Units | 74 |
| Total Building SF | 26,545 SF |
| Net Rentable Area | 26,545 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 11,991 SF |
| Acres | 0.28 |
| Year Built | 1911 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Investment | Yes |
| Building Class | B |
| Location | |
|---|---|
| County | King |
| Market Area | Capitol Hill/First Hill |
| Tax ID # | 8590400465 |
| Zoning | HR(M) |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 18 |
| Total Parking Spots | 18 |
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
Zindorf Apartments
714 7th Ave Seattle WA 98104
Listing #: 684469 | Status: Available | Listing Date: 7/22/2024 | Last Modified: 9/23/2024 | Email Listing
