11521 Greenwood Ave N - Apartments FOR SALE


Seattle, WA 98133- Broadview
$2,350,000 USD
206-623-8880
11521 Greenwood Ave N, Seattle, WA for Sale
$2,350,000 USD
Apartments - FOR SALE
1/21
null | 6.46% Cap Rate

11521 Greenwood Ave N
Seattle, WA 98133
Broadview


HIGHLIGHTS

  • Dynamic Greenwood location offering a unique blend of urban amenities and suburban charm
  • Highly sought after residential neighborhood with great singlefamily homes, many with views
  • Quick and Easy Access to Highway 99 and I-5
  • Current CAP: 6.46% with $9,161 Expenses/Unit (expenses include professional management)
  • Well maintained building
  • Seven spacious 2-bedroom/1-bath units

OVERVIEW

Paragon Real Estate Advisors is pleased to exclusively offer for sale the Puget Panorama Apartments; an eight-unit apartment building built in 1965 located in Seattle’s Greenwood Neighborhood. The Puget Panorama offers seven spacious 2-bedroom/one-bath units and one luxury 1,300 square foot 3-bedroom/1.75-bath unit; all corner units facing Puget Sound. There are two units per floor, 2 units have in-unit laundry and there are 3 common laundry rooms; essentially each unit has their own private laundry room. In addition, each unit has either a large patio with a yard or deck for the residents’ enjoyment, and many units have views of Puget Sound further enhancing the enjoyability of the living space. The Puget Panorama offers spacious, light-filled units with quality floor plans offering a ‘home environment’ vs an apartment experience. Puget Panorama is located in the growing and dynamic Greenwood neighborhood. Greenwood is nestled between Greenwood Avenue and Highway 99, offering a vibrant retail corridor which includes restaurants, cafes, nightlife, a Hardwood store that has everything, a grocery store, the best Trader’s Joe in the city, a library and the Taproot Theatre a local and cultural gem.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$228 USD /SF

# OF UNITS

8

PRICE/UNIT

$293,750

CAP RATE

6.46%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Puget Panorama

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,167 SF

ZONING

LR3 (M)

APN/PARCEL ID

391840-0165

ASK ABOUT THIS PROPERTY

Cathy JeneyParagon Real Estate AdvisorsMore Info
206-623-8880

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Cathy JeneyParagon Real Estate AdvisorsMore Info
206-623-8880

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