Summit House

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Pending

For more information about this property, please contact the listing broker.

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Site Details

ADDRESS

1727 Summit Ave, Seattle, WA

NEIGHBORHOOD

Capitol Hill

YEAR BUILT

1960

NO. OF UNITS

UNIT FINISHES

Classic

EST RESIDENTIAL SF

38,020

AVG UNIT SIZE

760 SF

SITE AREA

18,600 SF

ZONING

MR (M)

PARKING

21 covered, 7 open

Prime for value-add on Capitol Hill

Heavy Value-Add

Opportunity to breathe life back into a portfolio that has been privately owned and managed by the same local family for more than 40 years.

Ideal Location

All three properties are located within minutes of the main Capitol Hill Light Rail Station.

Scale on Capitol Hill

Opportunity to purchase the first 100+ unit value-add sale in the Capitol Hill submarket.

Location

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under contract

Summit House

1727 Summit Ave
Seattle, WA 98122
Units: 50
Price: Pending

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About the Area

Capitol Hill Portfolio is located in quiet northern Capitol Hill. Minutes away from amazing restaurants, nightlife, and beautiful parks makes this still one of the most desirable neighborhoods in all of Seattle.

Consistently one of Seattle’s most popular neighborhoods, Capitol Hill’s reputation for bottomless-mimosa brunches, cream cheese hot dog carts, and thrift shops remains a large draw for the city’s younger residents. The majority of this activity converges along Broadway and the Pike/Pine Corridor, streets lauded for being the vibrant anchors of the neighborhood.

Minutes away from the action, Capitol Hill Portfolio’s residents enjoy a pocket of quiet streets – less noise and nightlife without sacrificing the bars, restaurants, and eclectic, independent businesses that appeal to the tastes and ideals of Seattleites.

Quick connections to employers in South Lake Union, Downtown, the University District, and the Eastside via SR 520 clinch Capitol Hill Portfolio’s value as an ideal location to call home.