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Val Anne Apartments

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Val Anne Apartments

800 Queen Anne Ave N, Seattle, WA 98109
Multi-Family For Sale Available Cap Rate 4.53% Built 1958 5 floors Zoning: MR(M)
Asking Price
$16,000,000
Total Building36,732 SF
Land17,860 SF land
Parking Total30
& Uncov.
MarketQueen Anne/Magnolia
CountyKing

Read Overview
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Overview

Property ID
299677
Listing ID
702785
Type
Multi-Family
Asset Class
Multi-Family
Zoning
MR(M)

Description

Amazing opportunity to acquire a 49 unit, fully renovated trophy asset with value-add opportunities. Extensively renovated in 2019, the Val Anne offers highly sought after classic mid-century modern units. Great unit mix of Junior Studio, 1BD, 2BD and 2 penthouse units. 19 units have views of the City Skyline and Puget Sound; in addition, 9 units enjoy private balconies. The two Penthouse units are in a league of their own with sweeping views of the city and sound and private decks. This is an exceptional opportunity for a new investor to acquire a top-quality investment offering long-term appreciation. attractive rent growth and multiple value add opportunities.

Listing Courtesy of:

CJ
Cathy Jeney
Paragon Real Estate Advisors
600 University St., Ste. 2018,
Seattle, WA 98101-1176
State: WA City: Seattle ZIP: 98109 Type: For Sale

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.