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Investment Highlights
- BOUTIQUE APARTMENT COMMUNITY
- ACTIVATED GROUND-FLOOR RETAIL
- ON-SITE PARKING
- MODERN INTERIOR FINISHES
- SECURE RESIDENTIAL AMENITIES
Executive Summary
Cushman & Wakefield Capital Markets is pleased to present an exclusive opportunity to acquire Reverie Apartments, a boutique mixed-use apartment community located in Seattle’s North Beacon Hill neighborhood. The property features 23 thoughtfully designed residential units and 1,293 square feet of street-level retail along Beacon Avenue South, the neighborhood’s primary commercial corridor and a highly walkable, transit-connected location.
Completed with a contemporary design aesthetic, Reverie offers a curated collection of studio and one-bedroom residences featuring modern interiors, in-unit laundry, secure
building access, and on-site parking. The building’s boutique scale creates a more intimate residential environment compared to larger urban developments, appealing to residents seeking modern living within a neighborhood-oriented setting.
Anchoring the ground floor is Fable All Day, a well-regarded coffee shop and evening wine bar that serves as a natural gathering place for residents and the surrounding community. This activated retail component enhances the property’s street presence and reinforces Reverie’s identity as a thoughtfully integrated part of the vibrant Beacon Hill neighborhood.
Completed with a contemporary design aesthetic, Reverie offers a curated collection of studio and one-bedroom residences featuring modern interiors, in-unit laundry, secure
building access, and on-site parking. The building’s boutique scale creates a more intimate residential environment compared to larger urban developments, appealing to residents seeking modern living within a neighborhood-oriented setting.
Anchoring the ground floor is Fable All Day, a well-regarded coffee shop and evening wine bar that serves as a natural gathering place for residents and the surrounding community. This activated retail component enhances the property’s street presence and reinforces Reverie’s identity as a thoughtfully integrated part of the vibrant Beacon Hill neighborhood.
Property Facts
| Sale Type | Investment | Lot Size | 0.16 AC |
| No. Units | 23 | Building Size | 23,864 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2019 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.37/1,000 SF |
| Building Class | A | ||
| Zoning | NC140 | ||
| Sale Type | Investment |
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.16 AC |
| Building Size | 23,864 SF |
| No. Stories | 4 |
| Year Built | 2019 |
| Parking Ratio | 0.37/1,000 SF |
| Zoning | NC140 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | $2,018 CAD | 309 |
| Studios | 3 | $1,382 CAD | 304 |
| 1+1 | 10 | $3,011 CAD | 628 |
| 1+1 | 3 | $2,433 CAD | 573 |
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Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 396440-0265 | Improvements Assessment | $528,273 CAD |
| Land Assessment | $1,317,830 CAD | Total Assessment | $1,846,103 CAD |
Property Taxes
Parcel Number
396440-0265
Land Assessment
$1,317,830 CAD
Improvements Assessment
$528,273 CAD
Total Assessment
$1,846,103 CAD
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Reverie | 3309 Beacon Ave S
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