LISTING DETAILS

Ravenna Terrace

5101 Ravenna Ave NE Seattle WA 98105

Listing #: 684619 | Status: Available | Last Modified: 9/25/2024

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Investment Information
Investment Prop	Yes
Gross Income	131,807
Vacancy Factor %	5.00%
Operating Expenses	38,314
Net Operating Income	86,902
CAP Rate	4.16 %

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	4.155

Building Information
Building Status	Existing
# of Buildings	1
# of Floors	3
# of Units	7
Total Building SF	4,800 SF
Net Rentable Area	4,800 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	5,009 SF
Acres	0.12
Year Built	1956

Property Type
Property Type	Multi-Family

Location
County	King
Market Area	U-District
Tax ID #	7174800635
Zoning	LR2 (M)

7 Unit Ravenna Terrace - University Village Adjace

Public Comments

We are pleased to present the exclusive listing of the Ravenna Terrace, a seven-unit building located in the highly desirable Ravenna neighborhood. Ideally situated near work, school & play, the Ravenna Terrace features an attractive mix of six 2-bed and one 1-bed units. These mid-century floorplans average in size of 686 sf and have received updates to cabinetry, counters and appliances on turns. Ownership has replaced all the windows with double pane units and the roof has received a recoat within the last two years. With nearby economic drivers including Seattle Children's Hospital, University Village and UW Hospital as well as the University of Washington. Investors will benefit from a diverse tenant pool. A well cared for asset, Ravenna Terrace presents an attractive opportunity to

Ravenna Terrace
5101 Ravenna Ave NE Seattle WA 98105

Listing #: 684619 | Status: Available | Listing Date: 7/25/2024 | Last Modified: 9/25/2024 | Email Listing

For Sale

Ravenna Terrace

Listing Images