Berkadia Seattle presents Dynasty Manor, a 12-unit multifamily property in North Seattle minutes from the Northgate Light Rail Station, the $80 million headquarters and practice facility for the Seattle Kraken, and the redevelopment underway at Northgate Mall. Located less than 10 miles from downtown, the property provides easy access to a variety of retail and lifestyle amenities, as well as numerous employment opportunities throughout the Puget Sound. Built in 1988 and recently renovated, Dynasty Manor is comprised of one four-story building with a unit mix of one- and two-bedroom units averaging 754 square feet. While most units have been partially upgraded over the last few years, new ownership will have the opportunity to implement a value-add program to upgrade the remaining classic units and further upgrade the partially renovated units as well. With in-place rent $130 below market rate on average, Dynasty Manor provides the ideal opportunity to acquire a well-maintained asset poised to benefit from the rapidly expanding economic drivers of the Puget Sound. Strong Submarket Fundamentals: As of Q2 2025, the average effective rent in the North Seattle submarket is $1,926 per month, representing a 180-basis point growth year-over-year; similar occupancy rose 1.8% over the same span to 95.9%. Significant Cap Ex Invested: Current ownership has invested over $200,000 in the past year, including $155,000 on new exterior siding and decks, plus $50,000 in interior unit upgrades; an expanded interior renovation scope will generate additional rental premiums. Competitive Pricing: New asking price of $2,750,000 delivers a 6.11% T-12 cap rate and 6.70% as-is proforma cap rate. Attractive Seller Financing: Ownership is offering favorable financing terms generating 12% cash-on-cash returns from day one, with 70% LTV, 5% interest-only payments, and 5-year term.