9212-9214 45th Ave SW - Apartments FOR SALE


Seattle, WA 98136- Fauntleroy
$4,950,000 USD
206-693-3330
9212-9214 45th Ave SW, Seattle, WA for Sale
$4,950,000 USD
Apartments - FOR SALE
1/19
null | 5.21% Cap Rate

9212-9214 45th Ave SW
Seattle, WA 98136
Fauntleroy


HIGHLIGHTS

  • 14 multifamily units featuring 7 one-bedroom and 7 two-bedroom townhome style units averaging 726 SF, with views of the Sound
  • 1 commercial unit - long term tenant on a 5yr lease
  • Washer and dryer in all units
  • 19 covered parking spaces
  • Well located in Seattle’s Fauntleroy neighborhood, walking distance to the Fauntleroy Ferry and Fauntleroy Park, and 20 minute drive to Seattle

OVERVIEW

We are pleased to present the Endolyne Apartments in Seattle’s Fauntleroy neighborhood. Constructed in 1990, this mixed-use building features 15 total units including 7 one-bedroom units, 7 two-bedroom townhome style units, and 1 commercial space. A handful of units are seeing recent renovations, and all include balconies and come equipped with in-unit washer & dryers. Top floor units have great views of the sound. The complex also features 19 covered parking spaces, with 14 reserved for multifamily, 3 for the commercial space, and 2 for visitors. Endolyne Apartments is well located on the corner of 45th Ave SW and SW Wildwood Pl. The Fauntleroy Ferry is a block away providing easy access to Vashon Island and Kitsap County. Additionally, residents enjoy being within walking distance of the beach and Fauntleroy Park. Endolyne Apartments offers a suburban feel all while being less than 20 minutes from Seattle’s core.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$379 USD /SF

# OF UNITS

14

PRICE/UNIT

$353,571

CAP RATE

5.21%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Endolyne Garden Apts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1990

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,540 SF

ZONING

NC130, Seattle

APN/PARCEL ID

234670-0010,234670-0020,234670-0030,234670-0040,234670-0050,234670-0060,234670-0070,234670-0080,234670-0090,234670-0100,234670-0110,234670-0120,234670-0130,234670-0140,234670-0150

ASK ABOUT THIS PROPERTY

Taylor WymanNorthmarqMore Info
206-693-3330

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Taylor WymanNorthmarqMore Info
206-693-3330

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