Bayberry Apartments

Multi-Family

6700 24th Ave NW, SeattleWA 98117

Property Details

Location

Address
6700 24th Ave NW, SeattleWA 98117
County
King
Submarket
CBA Fremont/Ballard
Parcels
7518508880
Cross Street
NW 67th Street

Building Size

Building Size
7,800 SF
Residential Space
5,625 SF
Rentable Space
5,625 SF

Building Details

Type
 Multi-Family
Number of Buildings
1
Number of Units
11
Occupancy Type
Percent Occupied
Building Class
Building Status
Existing
Floors
3
Elevators
Not present
Year Built
1919
Sprinklers
No
Primary Const.
Wood
Parking (Total Parking, Covered Parking, Uncovered Parking)
5 , 1, 4
Parking Ratio
Security System
No

Land & Utilities

Land (Acres)
0.18 Acres
Land (SF)
7,841 SF
Rail Service
No
Zoning
LR2 (M)
Lot Depth
Lot Width

Contacts

Current Listings

The Bayberry Apartments

$2,300,000
Cap Rate: 3.98%

The Bayberry Apartments, a well maintained, classic building in an excellent Ballard location. This charming property has been well cared for with many upgrades to the systems and offers a turnkey, low-maintenance investment. Building improvements include: new roof, copper plumbing, updated electrical panels, new hot water tanks and more. Significant income upside and value-add opportunity through cosmetic renovations. Exceptionally low vacancy due to the balance of convenient location, building security, efficient and affordable units and easy parking Tax iD #: 7518508880

The Bayberry Apartments, a well maintained, classic building in an excellent Ballard location. This charming property has been well cared for with many upgrades to the systems and offers a turnkey, low-maintenance investment. Building improvements include: new roof, copper plumbing, updated electrical panels, new hot water tanks and more. Significant income upside and value-add opportunity through cosmetic renovations. Exceptionally low vacancy due to the balance of convenient location, building security, efficient and affordable units and easy parking Tax iD #: 7518508880

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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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