We are pleased to present Beacon Flats, a 17-unit multifamily property located on South Holgate Street in Seattle’s North Beacon Hill neighborhood. Built in 1957 and renovated in 2017, the three-story brick-veneer building features a mix of studio, one, and two-bedroom units, offering residents affordable and functional living space in a walkable, transit-oriented location. With a total of 7,575 SF on a 0.15-acre site zoned L-2, Beacon Flats operates with 100% occupancy and no on-site parking requirement, enhancing its efficiency and accessibility. In-place rents average $1,678, below market averages of $1,776, providing immediate revenue growth potential. Beacon Flats is strategically located near employment centers in Downtown Seattle and South Lake Union, with light rail and bus servi