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4318 35th Ave W 4318 35th Ave W

6 Unit Apartment Building $1,850,000 ($308,333/Unit) 3.17% Cap Rate Seattle, WA 98199

Executive Summary

Cushman & Wakefield Capital Markets is honored to serve as the exclusive investment advisor for the sale of the Sinclair Estate Apartment Buildings (the “Property”) in Seattle, WA. This highly sought-after, well-located multifamily investment opportunity comprises of three properties in the prestigious Magnolia and Queen Anne neighborhoods of Seattle. The properties include 4318 35th Avenue W, 4324 36th Avenue W, and 1514 Nob Hill Avenue N, each offering unique characteristics and potential for value appreciation. The properties are being offered both jointly and individually.

Property Facts

Price $1,850,000
Price Per Unit $308,333
Sale Type Investment
Cap Rate 3.17%
Gross Rent Multiplier 17.7
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 5,174 SF
No. Stories 2
Year Built 1986

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
423540-1094
Land Assessment
$664,200
Improvements Assessment
$1,186,800
Total Assessment
$1,851,000

zoning

Zoning Code LR3 RC (M)
LR3 RC (M)
  • Listing ID: 33241470

  • Date on Market: 9/19/2024

  • Last Updated:

  • Address: 4318 35th Ave W, Seattle, WA 98199

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