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Midvale Apartments

The Midvale Apartments consists of 17- one bedroom units, two studios and one SEDU, and presents investors with the opportunity to own a pride-of-ownership building in one of the most sought after neighborhoods in the region.  The building offers strong cash flow, low maintenance, and high appreciation for a long term investment.  Built in 2018, the apartments are Built Green with a 4-star rating.  The high-end condo quality finishes include: granite counters, heat-pump heating and air, on-demand hot water supply, tile back-splashes and crown molding, stainless steel appliances, and washer/dryers in unit.  The property is built to last, with all exteriors constructed with Hardi plank, including window surrounds, and a thermoplastic polyolefin membrane (TPO) roof.

Address

8543 Midvale Ave N
Seattle, WA 98103

Type

Multi-Family

Status

Sold

Price

$ 5,725,000

Cap Rate

4.9%

# of Units

20

Price per Unit

$ 286,250

Available SF

11,410 SF

Price Per SF

$ 502

Land Area

5,125 SF

Year Built

2018

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