The Villa (Status: Available)
938, 10th Ave, Seattle, WA 98102
Located on a tree-lined street, the Villa Apartments is steps from Volunteer Park and a couple blocks from Capitol Hill’s entertainment and cultural offerings on Broadway. The property offers easy access to SLU, downtown, and the UW. The Villa Apartments is in excellent condition, with mostly upgraded electrical and plumbing systems, a fire sprinkler system, and a new roof (5 years old). The 4 original units have been upgraded with renovated kitchens and updated bathrooms, and the 2 2016-built penthouse units boast modern finishes and full second bathrooms. With a historical record of near 100% occupancy and collections since January 2020, the Villa is currently fully occupied and offers a 4.3% cap rate on current income and expenses.
Asset Class: Multi-Family
Year Built: 1953
Building Total Square Feet: 5440
Available Lease Space Square Feet:
Number of Floors: 3
Total Parking Spaces: 2
Local Zoning Information: LR3 (M)
Listing Courtesy of: Kidder Mathews
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.