sold

Listings/Lois Lane

Lois Lane

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Sold

  • Owner received unsolicited offer that did not meet their expectations
  • Final sales price $150,000 more than unsolicited offer
  • Sale closed 50 days faster than proposed timing of unsolicited offer

Site Details

Address
2608 S Lane Street, Seattle
Units
7
Year Built
1910
Year Renovated
2018
Apartment NRSF
4,379 SF
Average Unit Size
626 SF
Parcel Size
4,200 SF
Parcel Number
125020-0715

Investment Opportunity

Turn-Key Asset

Enjoy the benefits of a fully-renovated building that competes with new construction buildings.

Rent Upside & Appreciation

Increased demand has resulted in 140% increases in median sales prices with limited multifamily development nearby.

Access to Eastside

Three-minute drive from Lois Lane to new Judkins Park light rail station set to open in 2023.

Location

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Lois Lane

2608 S Lane St
Seattle, WA 98144
Units: 7
Price: $2,300,000

About the Area

At the cusp of Seattle’s Leschi and Atlantic neighborhoods, Lois Lane’s central location means residents don’t have to choose between quiet residential streets, ease of access to regional employment centers, international cuisine or proximity to the natural beauty of the Pacific Northwest, they get it all!

Under the shelter of tree-lined Lane Street, one might not guess that Lois Lane is tucked between three of Seattle’s main thoroughfares and is just a five-minute drive to Interstate 90 for quick access to Eastside employers.

Bus routes reach core neighborhoods, while a quick jaunt to the International District light rail station offers existing routes from SeaTac Airport to the University of Washington. And with the construction of the East Link Extension, the new Judkins Park Station will provide residents traffic-free commutes to Mercer Island, Bellevue, and Redmond by 2023.

74

Walk Score

85

Bike Score

66

Transit Score

Contact Us

Exclusive Listing Brokers

Colliers International WA LLC is the exclusive Listing Brokerage for this Offering. Dylan Simon, Jerrid Anderson, and Matt Laird are exclusively representing the Seller in the sale of the Lois Lane Apartments.

Direct: 206.414.8575

       
       

Direct: 425.736.5516