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Laveda Apartments
On the Market
Price: $4,500,000
Price/Unit: $196K
Price/SF: $398
Stabilized Cap Rate: 6.0%
Offers: Reviewed Upon Receipt
Tours: Wed. 11/13: 1 – 3 pm
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Site Details
Opportunity
Prime Capitol Hill Location: Laveda Apartments are located in the heart of Capitol Hill, offering tenants unparalleled access to one of Seattle’s most dynamic and sought-after neighborhoods. With restaurants, bars, coffee shops, and grocery stores all within walking distance, Laveda’s location provides a highly walkable and convenient urban living experience.
Charming Vintage Character: Laveda Apartments are housed in a classic brick building that showcases vintage charm. Each unit features hardwood floors, high ceilings, and unique architectural details, making it appealing to renters who appreciate the character of a historic building while enjoying modern comforts.
Strong Connectivity: Residents of Laveda benefit from easy access to public transportation, including nearby bus lines and the Capitol Hill light rail station. This allows for quick and efficient commutes to downtown Seattle, South Lake Union, and other major employment centers.
Appealing Tenant Demographics: Laveda’s combination of vintage appeal, convenient location, and access to key cultural and employment hubs make it a highly desirable property for a wide range of renters, including professionals, students, and creatives, ensuring strong and consistent tenant demand.
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About the Area
Capitol Hill is one of Seattle’s most vibrant urban neighborhoods, known for its dynamic social scene, bustling with bars, clubs, and restaurants. Located minutes from South Lake Union and Downtown Seattle, it provides easy access to major employment centers and amenities. Capitol Hill is also a hub for public transit, featuring buses and light rail, making commuting convenient. The neighborhood blends urban convenience with a lively atmosphere, appealing to residents seeking an engaging lifestyle.
Vibrant Social Scene:
Capitol Hill is home to an exciting mix of bars, restaurants, and entertainment venues, offering endless options for nightlife and dining.
Prime Location:
Located minutes from South Lake Union and Downtown Seattle, Capitol Hill provides easy access to major employment centers and city amenities.
Excellent Transit Access:
With robust bus and light rail services, Capitol Hill is a transit-friendly neighborhood, ensuring quick and convenient commuting across the city.
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