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1300 N 107th St
Seattle, WA 98133
Multifamily Property For Sale
·
8 Units
EXECUTIVE SUMMARY
• Built in 1987
• 5.74% Market CAP
• Turnkey Building
• Upside in Raising Rents
• Washers and Dryers In-Unit
• Stainless Steel Appliances
• New LVT Hardwoods
• Secured Remote Access 10-Car Parking Garage
• Close to Northgate Light Rail Station
• Spacious 595 Square Foot 1Bed/1Bath Units
• Copper Plumbing
• Balconies in Some Units
• Pitched Shake Composition Roof
• Ample Closet Space
• Tenant Storage Lockers
• Fresh Paint, New Carpet & LED Lighting in Common Areas
• 5.74% Market CAP
• Turnkey Building
• Upside in Raising Rents
• Washers and Dryers In-Unit
• Stainless Steel Appliances
• New LVT Hardwoods
• Secured Remote Access 10-Car Parking Garage
• Close to Northgate Light Rail Station
• Spacious 595 Square Foot 1Bed/1Bath Units
• Copper Plumbing
• Balconies in Some Units
• Pitched Shake Composition Roof
• Ample Closet Space
• Tenant Storage Lockers
• Fresh Paint, New Carpet & LED Lighting in Common Areas
PROPERTY FACTS
| Price Per Unit | $413,679 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 4.72% | Building Size | 9,300 SF |
| Gross Rent Multiplier | 15.54 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1987 |
| Property Subtype | Apartment | Parking Ratio | 2.61/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LR2, Seattle | ||
| Price Per Unit | $413,679 CAD |
| Sale Type | Investment |
| Cap Rate | 4.72% |
| Gross Rent Multiplier | 15.54 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 9,300 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1987 |
| Parking Ratio | 2.61/1,000 SF |
| Zoning | LR2, Seattle |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Stainless Steel Appliances
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Storage Space
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | $2,237 CAD | 595 |
PROPERTY TAXES
| Parcel Number | 630000-0225 | Improvements Assessment | $1,249,883 CAD |
| Land Assessment | $884,783 CAD | Total Assessment | $2,134,666 CAD |
PROPERTY TAXES
Parcel Number
630000-0225
Land Assessment
$884,783 CAD
Improvements Assessment
$1,249,883 CAD
Total Assessment
$2,134,666 CAD
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