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Linden Apartments
Sale Price: $2,105,000
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Property Summary
Sale Details
Value-Add Opportunity
Exceptional Unit Layouts: All Units are Two-Bedroom, Two-Bathroom, Averaging 1,200 SF
Penthouse Unit: Option to Owner Occupy Top Floor Penthouse with Large Private Deck
Value Add Upside: Update Units and Increase Rents by 45%
Building Quality: Modern Plumbing & Electrical | Secure Parking | New Roof
Location
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About the Area
Situated just 15-minutes north of Downtown Seattle, Greenwood is a lively neighborhood with superb connectivity. Easy access to major transportation routes such as SR 99 and I-5, along with convenient public transit options, ensures seamless connectivity to the downtown core and surrounding areas.
Greenwood boasts a thriving retail and dining scene, with a wide array of boutique shops, coffee houses, trendy eateries, and locally owned businesses. The neighborhood attracts a range of residents, including young professionals, families, and retirees, contributing to a stable and diverse tenant base.
With thriving retail and dining options, excellent schools, libraries, healthcare facilities, and outdoor activities, tenants enjoy a high quality of life, making it an attractive place to live and rent.
Greenwood Annual Festivals
The neighborhood hosts numerous festivals, events, and local markets, creating a vibrant atmosphere that draws residents and visitors alike. Since 1993 the neighborhood has hosted the "Greenwood Car Show" on the last Saturday in June. Another annual event is the "Greenwood Seafair Parade", held on the fourth Wednesday in July. Both events draw tens of thousands of visitors to the neighborhood.
Access to Parks & Greenspaces
Greenwood is also home to several parks and green spaces, providing opportunities for outdoor recreation and relaxation. Carkeek Park, located to the west, offers hiking trails, beach access, and stunning views of Puget Sound, while Greenwood Park provides a peaceful retreat with playgrounds and picnic areas.
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