6318 41st Ave SW - Multi-Family FOR SALE


Seattle, WA 98136- Fairmount Park
$4,524,590 USD
206-817-4268
6318 41st Ave SW, Seattle, WA for Sale
$4,524,590 USD
Multi-Family - FOR SALE
1/20
null | 6.1% Cap Rate

6318 41st Ave SW
Seattle, WA 98136
Fairmount Park


HIGHLIGHTS

  • 1 block to Morgan Junction
  • Roof top decks
  • Floor to ceiling windows
  • EV chargers
  • All utilities individually metered

OVERVIEW

6%+ cap rate in the heart of West Seattle Morgan Junction! Six tax parcels one building. Acquire 1031 then sell one unit every 2 years make this an advantageous tax move? New construction modern design & luxury commercial grade finishes combined with ideal location check all the boxes for landlord & tenant. Sustainability meets low cost of ownership make this the ideal investment opportunity. Nearly green built w/HE Mitsubishi in-ceiling ductless heating/cooling, dual Panasonic energy recovery ventilators, HE hybrid recirculating HW & heated tile floors. Open floorplan, floor to ceiling windows, ideal for entertaining. Rooftop deck w/commanding Puget Sound & Olympic Mountain views. Primary suite has dual WIC's w/custom built-in closet systems, dual sink vanity & custom shower tile/glass. Off-street parking with EV chargers. Urban living at its finest, steps to the Morgan Junction, dining, coffee, craft beers, Zeek's Pizza & the unsurpassed local & international selections of the West Seattle Town&Country/Thriftway. Minutes to Lincoln Park for hiking/biking & beach combing & Colman Saltwater Pool Seattle's ONLY saltwater swimming pool. Easy to rent, low turnover new construction with all the amenities tenants want make this a landlords dream.

FOR SALE DETAILS

PRICE

$4,524,590 USD

PRICE/SF

$522 USD /SF

# OF UNITS

6

PRICE/UNIT

$754,098

CAP RATE

6.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fauntleroy Landing

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2026

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

082600-0315

ASK ABOUT THIS PROPERTY

Mark CaldwellColumbia Partners Real EstateMore Info
206-817-4268

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Mark CaldwellColumbia Partners Real EstateMore Info
206-817-4268

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