We are pleased to offer for sale the Beacon View Apartments; a well-positioned, turnkey 17-unit multifamily asset located in Seattle's highly desirable North Beacon Hill neighborhood. Just a short walk from the Beacon Hill Light Rail Station, Beacon View offers residents seamless access to Seattle Metro Area, making it an ideal location for urban professionals. This stabilized, transit-oriented asset combines reliable cash flow with near-term value-add potential, an attractive opportunity for multifamily investors seeking growth in one of Seattle's most connected neighborhoods. Projected Year one NOI of $299,370 and 6.1% Cap Rate.
| MLS # | 2439327 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1968 |
| Days On Site | 340 |
| Listing Provided By | Urban Commercial Partners, LLC | Jason Elrod |
| SQ Feet | 11,876 |
|---|---|
| Story(s) | 4 |
| Units | 17 |
| Zoning | Multi-Family,Residential |
| Acreage | 0.14 |
| Property | 35492 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98144 |
| Area | 385 SODO | Beacon Hill |
| Community Name | Beacon Hill |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98144 |
| Area | 385 SODO | Beacon Hill |
| Community Name | Beacon Hill |
$4,700,0002350 Beacon AvenueSeattle, WA 98144 |