Linden Apartments

On market for the first time by the original developer and current operator, the Linden Apartments offers investors the rare opportunity to acquire a high-quality asset with immediate income upside and value-add potential in one of Seattle’s best neighborhoods. Historically low vacancy rates and dependable appreciation are hallmarks of the Fremont multi-family market.
The property was built in 1977 and consists of four ground level studios averaging 480 square feet and ten large one-bedroom units averaging 750 square feet. The units have been updated over the years with new carpet, flooring, paint, and appliances as needed. With the exception of a high-end renovation underway on a one-bed-room unit, most kitchens and bathrooms have original cabinetry and countertops. Common areas include a rooftop deck with stunning views of Lake Union and the city skyline, as well as a laundry room with coin operated machines and an adjacent storage room with individual lockers for each unit.