4735 Ravenna Ave NE - Apartments FOR SALE


Seattle, WA 98105- University District
$2,500,000 USD
206-948-4670
4735 Ravenna Ave NE, Seattle, WA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/19
null | 5.23% Cap Rate

4735 Ravenna Ave NE
Seattle, WA 98105
University District


OVERVIEW

The Ravenna Apartments represents an opportunity to purchase a value add multifamily investment with a mixture of studio, one bed, two bed and three bedroom units. Current landlord is charging below market rents with unrenovated units as well as not charging back for utilities, pet rent or laundry services. The property is located in Seattle’s desirable Ravenna neighborhood just blocks away from University Village and The University of Washington campus.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$269 USD /SF

# OF UNITS

9

PRICE/UNIT

$277,778

CAP RATE

5.23%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,590 SF

ZONING

LR1

APN/PARCEL ID

092504-9209

ASK ABOUT THIS PROPERTY

Aaron MathieuLee & Associates Commercial Real Estate ServicesMore Info
206-948-4670

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Aaron MathieuLee & Associates Commercial Real Estate ServicesMore Info
206-948-4670

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