Dynasty Manor | 1214 N 137th St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Dynasty Manor 1214 N 137th St
12 Unit Apartment Building $2,950,000 ($245,833/Unit) 5.40% Cap Rate Seattle, WA 98133
Investment Highlights
- Nearly 1 million SF of office space for 2,500+ workers
Executive Summary
$126 below market rate; deeper cosmetic renovation would allow new owner to
achieve additional monthly rental premiums
IDEAL UNIT MIX 12 one- and two-bedroom units averaging 754 square feet;
amenities include fireplaces, balconies, common laundry, and 1:1 parking ratio with 8
covered and 4 surface spaces
PIVOT POINT LOCATION Situated in between Highway 99 and Interstate 5,
offering convenient access to the region’s major employment centers
PROXIMITY TO MAJOR EMPLOYERS Straight drive up or down Interstate
5 to University of Washington, Amazon, Boeing, Google, Apple, Expedia, and Meta,
among many others
achieve additional monthly rental premiums
IDEAL UNIT MIX 12 one- and two-bedroom units averaging 754 square feet;
amenities include fireplaces, balconies, common laundry, and 1:1 parking ratio with 8
covered and 4 surface spaces
PIVOT POINT LOCATION Situated in between Highway 99 and Interstate 5,
offering convenient access to the region’s major employment centers
PROXIMITY TO MAJOR EMPLOYERS Straight drive up or down Interstate
5 to University of Washington, Amazon, Boeing, Google, Apple, Expedia, and Meta,
among many others
Data Room Click Here to Access
- Operating and Financials
Property Facts
| Price | $2,950,000 | Building Class | C |
| Price Per Unit | $245,833 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 8,965 SF |
| Cap Rate | 5.40% | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1988/1992 |
| Property Subtype | Apartment | Parking Ratio | 1.33/1,000 SF |
| Apartment Style | Mid Rise |
| Price | $2,950,000 |
| Price Per Unit | $245,833 |
| Sale Type | Investment |
| Cap Rate | 5.40% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 8,965 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1988/1992 |
| Parking Ratio | 1.33/1,000 SF |
Unit Amenities
- Balcony
- Fireplace
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 705 |
| 2+1 | 9 | - | 787 |
| 2+1.5 | 1 | - | 1,280 |
1 of 1
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 614970-0175 | Improvements Assessment | $2,153,000 |
| Land Assessment | $506,000 | Total Assessment | $2,659,000 |
PROPERTY TAXES
Parcel Number
614970-0175
Land Assessment
$506,000
Improvements Assessment
$2,153,000
Total Assessment
$2,659,000
zoning
| Zoning Code | L-2, Seattle |
| L-2, Seattle |
-
Chad Blenz -
Berkadia
1 of 11
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Dynasty Manor | 1214 N 137th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.