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Listings/Pacific Place Apartments

Pacific Place Apartments

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

 

Download the Pacific Place Apartments Case Study at the link below:

Site Details

Address
4235-4239 27th Ave W Seattle, WA 98199
Year Built
1962
No if Units
14
Rentable SF
9,000 SF
Finishes
11 Original, 3 Renovated
Stories
2 + Basement Unit
Buildings
2
Laundry
Common
Parcel No.
277060-6675 & 277060-6671
Site Area
11,000 SF
Zoning
LR2 (M)

Opportunity

Rare Location

  • Sought-After Magnolia Neighborhood
  • Two Apartment Sales in Magnolia in the Past Year
  • 128K Avg Household Income

 

Value Add Opportunity

  • Ability to Increase Rents 33% with Interior Renovations
  • Utility Billback, Parking, and Laundry Income
  • Potential Future Development Opportunity

 

Ideal Location

  • Direct Access to Queen Anne, Ballard, Fremont & Interbay
  • Only True Seattle Suburb
  • Close to New Expedia Corporate Headquarters

Rare Location

Value Add Opportunity

Ideal Location

Location

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Pacific Place Apartments

4235-4239 27th Ave W
Seattle, WA 98199
Units: 14
Price: $2,825,000

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