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11 + 2 Units in Prime Capitol Hill Apartment for Sale in Seattle, Washington |
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118 18th Avenue E.
Capitol Hill of Seattle, Washington
List Price: $
1,825,000
Property Type:
Apartments
Number of Units:
13
Cap Rate:
3.87%
Net Rentable Sq Ft: 8820
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Genesis Apartments - Location - Capitol Hill of Seattle, Washington
The Genesis Apartments is located in Seattle’s popular Capitol Hill District within close proximity to shops and and restaurants. Subject Property is within a short radius to Swedish Medical Centers and Group Health and just blocks from QFC, Tracder Joes and Safeway Groceries Store amongst Starbuck and other restaurants . Shops on 15th Avenue E are within short walk from the subject property yet quietly located on 18th Avenue E and E John Street
Genesis Apartments - Features 11 Units + 2 Non Permited Units
Subject property was built in 1987 with stucco exterior and a torch down roof. Property consists 4 one bedroom one bath of approximately 630SF and 9 two bedroom one bath of approx. 700SF units with views from their upper floor units. There is a common laundry room and 10+ parking stalls on the ground level.
Genesis Apartments - Investments
The existing rents are under market and due for increases. Investor will benefit with subject property located in this premium location.
Call Listing Agent: Henry Wong at 206.778.668 |
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