Description
The Monterey Apartments offer a rare opportunity to acquire a 16-unit multifamily asset in the heart of West Seattle, just two blocks from the vibrant Junction on California Avenue. It is uncommon for a high performing, stabilized property like this to become available in one of Seattle’s most dynamic and sought-after neighborhoods.West Seattle continues to experience steady growth while maintaining the character and charm that make it one of the city’s most desirable communities. The Monterey represents an opportunity to enter this competitive market for under $220,000 per unit. The asset provides investors with strong in-place cash flow and the potential to add further value through the installation of in-unit washer and dryers.Originally constructed in 1954, The Monterey Apartments