We are proud to present Gilman West, a rare opportunity to acquire a 14-unit apartment asset ideally positioned in one of Seattle’s most desirable and connected submarkets, West Queen Anne. Gilman West enjoys walkable proximity to Interbay retail including Whole Foods, Petco, and QFC, while also benefitting from the lifestyle amenities of Queen Anne’s coveted McGraw St and Queen Anne Avenue N. Built in 1960, Gilman West comprised of spacious six of 1-bedroom units and eight of 2-bedrooms units with an average unit size of 787 square feet. The livable layouts and excellent natural light position the asset well for a renovation strategy that enhances tenant appeal and drives rental growth. While the location and layout provide a solid foundation, Gilman West offers significant rent upside through strategic capital improvements. Upgrading the building’s plumbing and individual unit electrical panels presents a clear path to repositioning, enhancing both operational efficiency and tenant experience. These system upgrades also create the opportunity for comprehensive interior renovations, further boosting rents and long-term net income. Prime Location – Between Queen Anne & Interbay, minutes to SLU, Downtown, and major employers with easy access to transit and amenities. Spacious & Attractive Unit Mix – 8 out of 14 units are 2-bedroom units, averaging 787 SF with livable layouts. Value-Add Potential – Upgrading plumbing, electrical panels, and executing targeted unit renovations offers investors a direct path to repositioning and increased NOI. Covered Land Opportunity – On a 14,000+ SF lot with LR2 zoning, the property offers rare townhome redevelopment potential in a tight infill market where development sites in Queen Anne are increasingly scarce. Future Light Rail Access – Planned Interbay station (0.5 miles away) connecting to Downtown & Ballard by 2039.