Listings/Village Green Apartments + Development Opportunity
Village Green Apartments + Development Opportunity
Sale Price: $7,070,000
For more information about this property, please contact the listing broker.
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Property Details
Sale Details
Investment Opportunity
Location
Open Google MapsVillage Green Apartments + Development Opportunity
5107-5115 24th Ave NE
Seattle, WA 98105
Units: 163 (Massing)
Price: $7,070,000
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 neighborhood has long been a beloved haunt for students in search of books, coffee, and food, but in the next five to ten years it will continue evolving into the city’s next tech hot spot.
1 Minute Walk
to Burke Gilman Trail
3 Minute Bike Ride
to the University of Washington
5 Minute Walk
to the University Village shopping center
6 Minute Bike Ride
to the University of Washington light rail station
11 Minute Bike Ride
to "The Ave" commercial district