This Property is no longer advertised on Showcase.com.
Off Market
1/3

1601 E Mercer St
Seattle, WA 98112


HIGHLIGHTS

  • First time on market in nearly 30 years
  • $700+ in loss to lease with cosmetic upgrades
  • 5.70% Cap on cost - assuming $160k renovation budget
  • Impeccable location
  • $287,500 per unit
  • Spacious floorplans

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

BUILDING DETAILS

PROPERTY NAME

Mercer Eight Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

5820

STORIES

2

YEAR BUILT

1956

PARKING SPACES

5

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

423240-0450