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The Standard
512 5th Ave W Seattle WA 98119
Listing #: 686277 | Status: Available | Last Modified: 12/20/2024
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 466,530 |
| Vacancy Factor % | 5.01% |
| Operating Expenses | 164,383 |
| Net Operating Income | 278,792 |
| CAP Rate | 5.04 % |
| 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 | 5.040 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 2 |
| # of Units | 20 |
| Total Building SF | 12,900 SF |
| Net Rentable Area | 12,900 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 12,197 SF |
| Acres | 0.28 |
| Year Built | 1957 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Investment | Yes |
| Building Class | B |
| Location | |
|---|---|
| County | King |
| Vicinity | Queen Anne |
| Market Area | Queen Anne/Magnolia |
| Tax ID # | 1990200150 |
| Zoning | MR(M) |
Uptown Queen Ann - Unrivaled Location With Multipl
The Lee & Associates NW Multifamily Team is pleased to present the exclusive listing of The Standard, a 20-unit building located in the Uptown Queen Anne neighborhood of Seattle. Attractively situated near the Seattle Center and the Puget Sound waterfront, The Standard provides tenants the excellent access to work, school & play. The unit mix consist of 16 1-bed, two 2-bed units and two 3-bed units with mid-century floorplans averaging in size of 600 sf for the 1-bedrooms up to 900 sf for the 3-bedrooms. The majority of the units have received updated cabinetry, counters, tiled backsplashes and appliances. The original wood flooring has been persevered in the units. Potential opportunities for additional lift in returns could be created with the addition of in-unit washer/dryers an
The Standard
512 5th Ave W Seattle WA 98119
Listing #: 686277 | Status: Available | Listing Date: 9/3/2024 | Last Modified: 12/20/2024 | Email Listing
For Sale
The Standard
