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under contract

Listings/Northgate Apartments

Northgate Apartments

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Pending

For more information about this property, please contact the listing broker.

Please visit our Listings page to view apartment buildings and development land currently on the market.

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Property Details

ADDRESS
11501 15th Ave NE, Seattle
YEAR BUILT
1962
TOTAL UNITS
121
RESIDENTIAL NRSF
62,285 SF
AVG UNIT SIZE
515 SF
PARCEL NUMBER
204450-0360
ZONING
LR3 (M)

Building Details

EXTERIOR
Wood
ROOF
TPO
WINDOWS
Original; Single Pane
ELECTRICAL
Copper Conductors, Aluminum Feeders
WATER HEATER
Electric (3)
PARKING
37 Open Stalls
HEATING
Baseboard
ELEVATOR
Yes; 1
LAUNDRY
Common
FIRE SAFETY
Alarm & Sprinklered

121-Unit Value-Add Apartment Senior Housing Conversion Opportunity

Renovate Units

Gross potential Rent upon Stabilization $2,550,000

Repurpose Common Areas

Approx. 12,000 square feet associated with senior housing operations

Approx. 30,000 land square feet of potential redevelopment

Seller Financing

Attractive Seller Financing terms available for well-qualified Buyers. Contact Brokers for more information.

88 Classic Units

28 Upgraded Units

5 Renovated Units

Location

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under contract

Northgate Apartments

11501 15th Ave NE
Seattle, WA 98125
Units: 121
Price: Pending

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Contact Us

Exclusive Listing Brokers

Dylan Simon

Call/Text: 206.414.8575

Jerrid Anderson

Call/Text: 206.499.8191

Matt Laird

Call/Text: 425.736.5516

JD Fuller

Call/Text: 206.665.3272