11441 Rainier Ave S - Apartments FOR SALE


Seattle, WA 98178- Bryn Mawr-Skyway
$1,945,000 USD
206-491-2008
11441 Rainier Ave S, Seattle, WA for Sale
$1,945,000 USD
Apartments - FOR SALE
1/8
null | 6.23% Cap Rate

11441 Rainier Ave S
Seattle, WA 98178
Bryn Mawr-Skyway


HIGHLIGHTS

  • Diverse Unit Mix
  • Attractive Pricing
  • Well-Maintained Opportunity with Upside
  • Prime Location
  • Robust Submarket Fundamentals

OVERVIEW

Introducing QUARTER DECK, a prime investment opportunity located at 11441 Rainier Ave S in Seattle, WA. This property features 9 residential units and 2 commercial spaces, offering a diverse portfolio with significant upside potential in Renton, a major employment hub. Quarter Deck presents a mix of partially and fully renovated units, allowing for value enhancement through completion of updates. Recent capital improvements include a new roof and deck upgrades, ensuring a well-maintained asset. Strategically situated near The Landing, a bustling retail complex, the property provides convenient access to amenities and entertainment options. With a competitive price point of $1,945,000 and attractive rentable square footage cost, Quarter Deck offers a compelling investment opportunity. Don't miss out on the chance to capitalize on this well-positioned property with strong cap rate projections. Contact us now to learn more about the potential that QUARTER DECK holds for you.

FOR SALE DETAILS

PRICE

$1,945,000 USD

PRICE/SF

$261 USD /SF

# OF UNITS

-

CAP RATE

6.23%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quarter Deck Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1946

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

NBP

APN/PARCEL ID

037200-0135

ASK ABOUT THIS PROPERTY

Chad BlenzBerkadiaMore Info
206-491-2008

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Chad BlenzBerkadiaMore Info
206-491-2008

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.