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The Surf Apartments

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The Surf Apartments

3035 64th Ave SW, Seattle, WA 98116
Multi-Family For Sale Available Cap Rate 4.06% Built 1957 2 floors Zoning: NR-3
Asking Price
$2,195,000
Total Building3,960 SF
Available3,960 SF avail
Land4,922 SF land
ConstructionFramed,Masonry,Wood
MarketWest Seattle
CountyKing

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Overview

Property ID
268789
Listing ID
705962
Type
Multi-Family
Asset Class
Multi-Family
Zoning
NR-3

Description

We are pleased to present the Surf Apartments, an 8 unit multifamily investment located at 3035 64th Ave SW in the heart of Alki, one of West Seattle’s most desirable and irreplaceable beachfront neighbor-hoods. Less than a block from the shoreline and surrounded by iconic restaurants, cafés, parks, and waterfront amenities, the property is ideally positioned to benefit from strong renter demand, exceptional walkability, and the ongoing popularity of the Alki Beach corridor. Opportunities to acquire apartments in Alki are extremely limited due to the area’s historically low transaction velocity, making Surf Apartments a rare chance to own a high demand coastal asset.Built in 1957 and recently refreshed with extensive building updates, Surf Apartments features efficient one-bedroom layouts

Listing Courtesy of:

TF
Tanner Fogle
Paragon Real Estate Advisors
600 University St., Ste. 2018,
Seattle, WA 98101-1176
State: WA City: Seattle ZIP: 98116 Type: For Sale

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