Listing courtesy of Pilot Ventures LLC
Property Description

Midvale-5 Apartments presents the opportunity to acquire a 5-unit asset strategically located in Seattle’s dynamic Northgate neighborhood. rnrnThe asset is poised for significant revenue growth via organic market rent increases due to below market rents, implementation of a RUBS program, and other revenue streams. rnrnThe current ownership group updated interiors with laminate flooring, marble countertops, and stainless-steel appliances in 2018. In addition, a new roof was installed in 2019.rnrnPride of ownership and proper management are apparent. The opportunity to increase below market rents will give new ownership an even stronger return on their investment in a low interest rate environment.

Address Map
USA
WA
Bellingham
Seattle
98133
Midvale
10551
Avenue
0
E0° 0' 0''
N0° 0' 0''
Additional Listing Information
Pilot Ventures LLC
Reid Jones
Active
NWM123916
0 Sqft
NWM5018

Residential Income For Sale

10551 Midvale Avenue, Seattle, Washington 98133

0 Bedrooms
0 Bathrooms
$1,395,000
NWMLS # #NWM1688987
Basic Details
Property Type : Residential Income
Listing Type : For Sale
NWMLS # : NWM1688987
Price : $1,395,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1986
Agent info
Contact Agent

Compare listings

Compare