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Listings/Redwood
Redwood
On the Market
Price: Market
Offers: Reviewed upon receipt
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Property Details
Unit Mix
Opportunity
Opportunity to own a trophy asset!
- Excellent neighborhood location, right where tenants want to live.
- Great scale at 75 units. Perfect size for a professional management company.
- Quality & modern unit finishes appeals to desirable tenants who pay a premium.
- Thoughtful & high end building design that reduces tenant turnover and encourages “ownership” mindset.
Take advantage of one of Seattle’s top rental markets and increase income by $170,00+!
Location
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About the Area
Redwood is located in the Capitol Hill neighborhood, which has long been a magnet for those seeking an ideal urban living experience.
Capitol Hill’s prime location plays a significant role in its desirability. Situated just a stone’s throw away from South Lake Union and the bustling Downtown Seattle Central Business District (CBD), residents have easy access to the heart of the city.
Beyond its strategic location, Capitol Hill also boasts a vibrant social scene that caters to a diverse range of tastes and preferences. The neighborhood is teeming with a wide array of bars, clubs, and restaurants, creating a lively atmosphere that appeals to individuals seeking an active and engaging social life.
The neighborhood’s excellent transit connectivity is another draw for renters. Capitol Hill offers convenient access to public transportation options, including buses and light rail, making it easy for residents to commute to Downtown Seattle, the Capitol Hill neighborhood itself, and the University of Washington. This connectivity gives Capitol Hill a small suburb feel while keeping residents well-connected to the city’s core.
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