The Stratford on Fourth
A UNIQUE INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN SEATTLE
Nestled in the vibrant heart of downtown Seattle at 2021 4th Avenue, The Stratford on Fourth stands as a testament to classic charm and modern convenience. This distinguished brick apartment building, boasting 55 units, is on the market for the first time in nearly three decades, presenting a unique chance to own a piece of Seattle’s architectural heritage while benefiting from its promising financial returns.
EXCEPTIONAL INVESTMENT POTENTIAL
Through strategic renovations and market-rate rent adjustments, the Stratford on Fourth presents a compelling investment case:
• Significant NOI Upside: Opportunities to increase income through targeted improvements and market rent alignment.
• Current rents average $3.15 per square foot; Market supports $3.40+ per square foot.
• Stable Income Stream: Attracting tenants who value the blend of location, affordability, and modern amenities.
• Dependable Appreciation: Downtown Seattle maintains historically high value appreciation and occupancy rates.
