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Holly Court
6553 California Ave SW Seattle WA 98136
Listing #: 686261 | Status: Pending | Last Modified: 9/25/2024
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 225,086 |
| Vacancy Factor % | 2.00% |
| Operating Expenses | 75,285 |
| Net Operating Income | 145,299 |
| CAP Rate | 5.17 % |
| 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 |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Financial Summary | |
|---|---|
| CAP Rate | 5.166 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 3 |
| # of Units | 9 |
| # of Elevators | 0 |
| Clearance Height Min | 0 |
| Total Building SF | 8,406 SF |
| Net Rentable Area | 8,406 SF |
| Total Office SF | 1,900 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 7,454 SF |
| Acres | 0.17 |
| Year Built | 1985 |
| Year Renovated | 0 |
| Sprinklers | Yes |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Office Type | Other |
| Building Class | C |
| Location | |
|---|---|
| County | King |
| Market Area | Not Assigned |
| Tax ID # | 5637500005|2 |
| Zoning | NC3-55 (M1) |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 10 |
| Total Parking Spots | 10 |
| Parking Ratio | \ |
Holly Court
We are pleased to present The Holly Court, a premier investment opportunity in West Seattle. The Holly Court is a meticulously maintained apartment building with significant rental upside and prime retail frontage on California Ave. This property features seven well-appointed residential units and two retail spaces, all complemented by ten open parking stalls. The owners have taken exceptional care of the building, recently remodeling units 3, 4, 6, and 7 with no expense spared as unit 6 and 7 were at one-point owner-occupied units. The property’s appeal is further enhanced by its stable retail tenants benefiting from high-visibility street frontage and the convenience of in-unit washer/dryers in all residential units. Currently, Unit 6 commands a rental rate of $2,600 as of August 2024,
Good frontage on Calif. Skylights
Holly Court
6553 California Ave SW Seattle WA 98136
Listing #: 686261 | Status: Pending | Listing Date: 9/3/2024 | Last Modified: 9/25/2024 | Email Listing
For Sale
Holly Court
