on the market

Listings/Aldora

Aldora

On the Market

Price: $4,600,000

Offers: Reviewed upon receipt

To access the full Offering Memorandum and all deal-related documents, follow the document library link below.

Site Details

Address
2037 Boylston Ave E, Seattle, WA 98102
Neighborhood
Eastlake
Year Built
1929
No. of Units
15
Net Rentable SF
9,626 SF
Site Area
6,765 Land SF
Zoning
MR (M1)
Parcel No.
290220-0035

Property Specs

Exterior
Brick Façade
Roof
Torchdown
Windows
Double Pane
Electrical
Mixed
Plumbing
Mixed
Water Heater
Gas (2022)
Laundry
Common
Fire
Alarm
Landscaping
Sprinklered
Parking
7 open stalls

Value-Add Trophy Apartment Building Ideally Located in Eastlake

Renovate Units and Raise Rents to Market

Potential to Add Unit to Daylight Basement

Potential to Redevelop Alley-Accessed Parking Lot

Location

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Aldora

2037 Boylston Ave E
Seattle, WA 98102
Units: 15
Price: $4,600,000

About the Area

The Aldora Apartments are located in Seattle’s Eastlake neighborhood, one of the most coveted pockets in the Puget Sound.

Resting right on Lake Union, Eastlake is an escape from the city while being a stone’s throw away from South Lake Union and Downtown Seattle CBD. Ever since Amazon and the nation’s top life science companies moved into the neighborhood, we have seen walkable dining and retail flourish along the lake. The property is also a few blocks from the vibrant Capitol Hill neighborhood that boasts a thriving nightlife and restaurant scene. There are also many local parks that residents will be very close to including Rogers Playground, Harvard Miller / Roanoke Annex, Lynn Street Park and Gas Works Park. With transit to downtown, Capitol Hill and University of Washington, Eastlake has a small suburb feel in the middle of it all, which has been attractive for renters and investors for years.

 

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