206-773-2692
3019 S Angeline St, Seattle, WA for Sale
Apartments - FOR SALE
1/15
null | Request Cap Rate

3019 S Angeline St
Seattle, WA 98108
Beacon Hill


HIGHLIGHTS

  • Amenity-Rich Neighborhood: Perfect Mix of Amenities and Small-Town Feel Make it a Desirable and Top Performing South Seattle Submarket
  • Transit-Oriented Location: Situated Adjacent to the Columbia City Link Light Rail Station
  • New Construction: 2025 Delivery Reduces Maintenance Costs, Insurance Risks and Near-Term Capital Expenditure Requirements
  • MFTE Property Tax Exemption: The property Participates in the Seattle MFTE Program Providing a Significant Reduction on Operating Cost

OVERVIEW

The Lee & Associates Multifamily Team is proud to present Columbia City Studios, a newly constructed 89-unit multifamily asset completed in 2025 and ideally positioned within Seattle’s vibrant Columbia City neighborhood. Located immediately adjacent to the Columbia City Link Light Rail Station, Columbia City Studios provides residents with exceptional connectivity to Downtown Seattle, Downtown Bellevue and Redmond on the Eastside, SeaTac Airport, and Lynnwood City Center to the north. This premier transit-oriented location supports rental demand from both professionals and service industry workers, seeking convenient, car-optional living with direct access to Seattle’s major employment centers. Designed to meet the growing demand for efficient urban housing, the property features contemporary studio homes with modern finishes including quartz countertops, stainless steel appliances, vinyl plank flooring, and expansive floor-to-ceiling windows that maximize natural light and create an open, modern living experience. Community amenities include secured bicycle storage, a fitness center, Amazon Hub lockers, coin-operated laundry facilities serving all floors, and an expansive landscaped courtyard overlooking the adjacent greenway, envisioned as the property’s “backyard oasis” for residents to gather, relax, and socialize. Beyond the property itself, residents benefit from immediate walkability to Columbia City’s renowned retail and dining corridor, featuring neighborhood cafés, award-winning restaurants, grocery stores, boutique retail, parks, and everyday conveniences. Long celebrated for its eclectic character, cultural vibrancy, and neighborhood charm, Columbia City continues to attract significant residential investment fueled by expanding light rail infrastructure and increasing demand for walkable urban living in Southeast Seattle. Columbia City Studios presents a compelling investment opportunity to acquire a high-quality, low-maintenance new construction asset with durable long-term fundamentals, institutional-quality transit access, and positioning within one of Seattle’s most desirable and rapidly evolving neighborhoods.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

89

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Columbia City Studios

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,387 SF

ZONING

LR3 (M1)

APN/PARCEL ID

212404-9279

ASK ABOUT THIS PROPERTY

Daniel LimLee & Associates Commercial Real Estate ServicesMore Info
206-773-2692

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

Daniel LimLee & Associates Commercial Real Estate ServicesMore Info
206-773-2692

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