
Listings/Northgate Apartments
Northgate Apartments
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.
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.
Location
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