University Apartments/Motel (Status: New)
4731, 12th Avenue, Seattle, WA 98105
The building offers an investor the opportunity to own a very well-located asset in one of the strongest and most popular rental markets in the City. The opportunity provides for multiple attractive investment approaches. The existing property can be used as traditional apartments, furnished apartments, or continue to be operated as a boutique motel or combination of the two. In addition, sitting on a 7,500 SF lot zoned SMU-75-240 (M1) provides for future redevelopment. Owner financing available with a minimum of 30% down.
Asset Class: Multi-Family,Land,Hotel/Motel
Year Built: 1961
Building Total Square Feet: 25500
Available Lease Space Square Feet:
Number of Floors: 3
Total Parking Spaces: 23
Local Zoning Information: SMU-75-240 (M1)
Listing Courtesy of: Paragon Real Estate Advisors
Disclaimer: The information contained in this listing has not been verified by North Sound Commercial, a division of Pacific Continental Realty, LLC and should be verified by the buyer, seller, or tenant.