Cascade Apartments

Multi-Family

3019 - 3025 NE 143rd St, SeattleWA 98125

Property Details

Location

Address
3019 - 3025 NE 143rd St, SeattleWA 98125
County
King
Submarket
CBA N. Seattle
Parcels
7663700793

Building Size

Building Size
7,548 SF
Residential Space
6,857 SF
Rentable Space
6,857 SF

Building Details

Type
 Multi-Family
Number of Buildings
2
Number of Units
11
Occupancy Type
Percent Occupied
Building Class
Building Status
Existing
Floors
2
Elevators
Not present
Year Built
1961
Sprinklers
No
Parking (Total Parking, Covered Parking, Uncovered Parking)
14 , 0, 11
Parking Ratio
0
Security System
No

Land & Utilities

Land (Acres)
0.34 Acres
Land (SF)
14,810 SF
Rail Service
No
Zoning
L-R3
Lot Depth
Lot Width

Contacts

Current Listings

Property for Sale

$2,250,000
Cap Rate: 5.27%

Investor alert! Opportunity to own in-city RE with significant upside in the Lake City neighborhood of Seattle! Mix of studio, 1 and 2 bed units. 9 of the 11 units updated with kitchen upgrades, paint, flooring and mill work. In place rents are close to 10% below market with ability to add a 12th unit and storage lockers. Huge 14,640 sq ft LR3 (M) zoned lot. Potential redevelopment site. Tax iD #: 7663700793

Investor alert! Opportunity to own in-city RE with significant upside in the Lake City neighborhood of Seattle! Mix of studio, 1 and 2 bed units. 9 of the 11 units updated with kitchen upgrades, paint, flooring and mill work. In place rents are close to 10% below market with ability to add a 12th unit and storage lockers. Huge 14,640 sq ft LR3 (M) zoned lot. Potential redevelopment site. Tax iD #: 7663700793

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CBA

Source: Commercial Brokers Association (CBA)

More Information

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