3210 SW Avalon Way - Apartments FOR SALE


Seattle, WA 98126- Fairmount Park
$4,500,000 USD
425-327-9320
3210 SW Avalon Way, Seattle, WA for Sale
$4,500,000 USD
Apartments - FOR SALE
1/14
null | 4.53% Cap Rate

3210 SW Avalon Way
Seattle, WA 98126
Fairmount Park


HIGHLIGHTS

  • Built in 1989 with condominium-quality construction
  • New elevator serving all floors
  • Double-pane vinyl windows for energy efficiency
  • Luxury vinyl plank flooring featured in units
  • Copper plumbing and modern electrical panels
  • Low-maintenance exterior for reduced operating costs

OVERVIEW

Paragon Real Estate Advisors is pleased to present The Skyline Apartments, offered to the market for the first time in over 25 years. Ideally located at 3210 SW Avalon Way, The Skyline delivers an excellent balance of walkability, local charm, and urban convenience. Residents enjoy access to multiple nearby bus routes along with direct connectivity to Downtown Seattle, the Eastside, and the South End via the West Seattle Bridge. Built in 1989, the property features 17 well-appointed units and was originally constructed as condominiums, offering a superior standard of design and finishes compared to typical apartment stock. This distinction translates into homes that attract quality tenants, command stronger rental rates, and maintain long-term value. For investors, the condo-style layouts not only enhance marketability but also provide long-term flexibility, including the option to resell units individually in the future. With Seattle’s continual growth and robust economy, The Skyline Apartments represent a rare opportunity to acquire a well-located, quality built asset positioned for durable returns and long-term appreciation.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$371 USD /SF

# OF UNITS

17

PRICE/UNIT

$264,706

CAP RATE

4.53%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Skyline Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1989

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,680 SF

ZONING

MR (M)

APN/PARCEL ID

780967-0050

ASK ABOUT THIS PROPERTY

Nick HemmingParagon Real Estate AdvisorsMore Info
425-327-9320

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Nick HemmingParagon Real Estate AdvisorsMore Info
425-327-9320

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