Hanford Court Apartments, a 9-unit apartment community located in Seattle’s Beacon Hill Neighborhood, features Tudor Revival style architecture and sits on a prominent corner lot at the crossroads of Beacon Avenue and South Hanford Street. Floor plans at Hanford Court are classically designed, averaging ±722 square feet across a mix of eight one-bedroom units and one studio.
Located in the heart of Seattle’s Beacon Hill neighborhood, Hanford Court provides residents with an urban-paced lifestyle in a transit-oriented location. Residents enjoy convenient access to the Link Light Rail with direct access to the city’s top employers in the CBD and South Lake Union, with the Beacon Hill Station located just half a mile north of Hanford Court. Beacon Hill residents find themselves surrounded by an abundance of award-winning dining, breweries, nightlife, and community parks while still having the benefit of frequent transit and direct access to major employers. Residents also enjoy close proximity to multiple grocers including Red Apple, QFC, Amazon Fresh, and PCC which are all located within a 10-minute drive of the community. Beyond local retail and dining, residents at Hanford Court also enjoy the benefit of living just three blocks north of Jefferson Park, home to a 137-acre public park and 18-hole public golf course.
Hanford Court also provides investors with the unique opportunity to potentially redevelop the property in the future while receiving the benefits of a stable, income-producing asset today. The buildings sit on a ±13,267 square foot corner lot zoned NC1P-55 which has a maximum building height of 55’ and Floor Area Ratio of 3.75. A recent yield study from a local architect suggests multiple redevelopment options including a 61-unit apartment building or 16-unit townhome-style condominium development.