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U Studios
On the Market
Price: $3,200,000
Tours: Thurs. 3/26: 12pm – 3pm and Thurs. 4/2: 12Pm – 3pm
Offers Date: Review Upon Receipt. Offer Review Date TBA.
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Site Details
Unit Mix
Opportunity
24-Unit Premier Investment Opportunity in Seattle’s Vibrant University District Neighborhood
U Studios offers a rare investment opportunity in Seattle’s highly desirable U-District, just blocks from the University of Washington, The Ave retail corridor, and the U District light rail station, providing tenants exceptional access to campus, jobs, dining, and entertainment. The property features high-end unit finishes and modern building systems, including an innovative solar thermal energy system that delivers highly efficient heating and hot water. With strong in-place operations generating immediate, reliable cash flow, U Studios presents an ideal 1031 exchange opportunity in a location where few properties match its combination of quality, scale, and performance.
Location
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About the Area
The University District is experiencing a renaissance. The University of Washington’s rapid expansion over the last decade, especially in the fields of engineering, computer science, and life sciences, is drawing top talent to the university and the surrounding area.
The neighborhood is thriving thanks to the University’s growth, offering a vibrant and diverse atmosphere with a range of amenities and job opportunities. Public transportation is well-established with the addition of a new light rail station on “The Ave,” and new developments continue to increase the density in the area. The U-District has always been a favorite destination for students seeking books, coffee, and food, but it is now transforming into Seattle’s next technology and life science hub.
25+
PROPOSED HIGH-RISE TOWERS
1M+ SF
OF OFFICE SPACE
7,000+
NEW RESIDENTS
150K+ SF
OF BIOTECH/LIFE SCIENCE LABS
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