under contract

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.

88 Classic Units

28 Upgraded Units

5 Renovated Units

Location

Open Google Maps

Northgate Apartments

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

Contact Us

Exclusive Listing Brokers

Call/Text: 206.414.8575

Call/Text: 425.736.5516

Call/Text: 206.665.3272