Description
The offering provides the opportunity to acquire Carolyn Court (the Property), a 21-unit, three-story apartment building located near the Northgate district of Seattle, Washington. This is a quality asset built in 1989 with a proven value-add plan to renovate the remaining classic units and improve the net operating income by an estimated 40%, while benefiting from growth in a transportation and an amenity-rich Seattle location. The Property has been well maintained by the current owners with nearly $280,000 in capital improvements invested in the property over the last several years. The Property is equipped with a gated parking garage below the building that has 25 parking stalls and a secure front entry system.
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0BEDS
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0.23ACRES
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0BATHS
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01/2 BATHS
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15,080SQFT
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$331$/SQFT
Listing information ©2023 Northwest MLS. Listing courtesy of Cpx Llc.
Sold by .Description
The offering provides the opportunity to acquire Carolyn Court (the Property), a 21-unit, three-story apartment building located near the Northgate district of Seattle, Washington. This is a quality asset built in 1989 with a proven value-add plan to renovate the remaining classic units and improve the net operating income by an estimated 40%, while benefiting from growth in a transportation and an amenity-rich Seattle location. The Property has been well maintained by the current owners with nearly $280,000 in capital improvements invested in the property over the last several years. The Property is equipped with a gated parking garage below the building that has 25 parking stalls and a secure front entry system.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-06-10T19:14:51.87. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-06-10T19:14:51.87. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.