sold

Listings/Studio 7

Studio 7

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SOLD $15,800,000

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

Property Overview

Address
4029 7th Ave NE, Seattle, WA
Year Built
2014
No of Units
75
Net Rentable SF
23,195
Parking
4 load/unload stalls
Laundry
Select Units & Common
Parcel No.
409230-2105 & 409230-2120
Site Area
10,580
Zoning
Midrise Residential (MR)

Building Systems

Heating
Hot Water Radiators
Hot Water
Natural Gas Boiler
Electrical
Copper
Plumbing
PEX, PVC, Copper
Fire Protection
Alarmed & Sprinklered
Elevator
1 Elevator

Location

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Studio 7

4029 7th Ave NE
Seattle, WA 98105
Units: 75
Price: $15,800,000

Location Overview

The University District is experiencing a renaissance. The University of Washington’s exponential growth over the past decade — particularly in the engineering, computer science, and life sciences fields — attracts top minds to the University and to the area.

The neighborhood is reaping the benefits of the University’s growth. Recently approved upzoning will increase density in the area, while a new light rail station will cut commutes in half. The U-District has long been a beloved spot for students in search of books, coffee, and food, and in the next few years it will evolve into the city’s next tech hot spot.

The University Innovation Ecosystem

Companies gravitate towards top-tier university locations to benefit from the collective talent pool. This creates an ecosystem of connection and collaboration between burgeoning brainpower and economic strength. Seattle’s University District is an innovation ecosystem that is ripe for growth. Located at University of Washington’s doorstep, Studio 7 is perfectly poised to take full advantage of the ecosystem.

The Future of the University District

The University of Washington’s approved 2019 Master Plan calls for 6,000,000 SF of new development over the next 10 years to support the university and the neighborhood’s exponential growth as it blossoms into an innovation district. The UW is committed to creating an inclusive innovation district within its campus that shall give students the hands-on experiences and tools they need to succeed and shall reinforce the UW as a major innovation and economic hub in the region and a top-tier place for learning and professional growth.

The New Technology Hub

Major companies are invested in the growth & future of the University of Washington and the University District.

#1

MOST INNOVATIVE U.S. PUBLIC UNIVERSITY

#2

U.S. PUBLIC INSTITUTIONS

#8

GLOBAL UNIVERSITY RANKING

48,734

TOTAL STUDENT ENROLLMENT 2020

71%

STUDENTS LIVE IN OFF-CAMPUS HOUSING

40.2%

OF ENROLLED STUDENTS ARE OUT-OF-STATE & INTL

80,479

PREDICTED UW POPULATION BY 2028

$15.7B

GENERATED BY UW IN FY 2018 & SUPPORTED +100K JOBS

Contact Us

Exclusive Listing Brokers

       

Direct: 206.414.8575

       

Direct: 425.736.5516