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7100 Greenwood Ave N
Seattle, WA 98103
Greentree Apartments · Multifamily Property For Sale
·
37 Units


Investment Highlights
- Built as condominiums with each individual tax parcels already established
- Top floor penthouse unit with a private rooftop deck offering unobstructed views of Green Lake.
- Fully leased ground floor retail with an average of 4.5 years of remaining lease term.
- Excellent mix of studio, one and one bedroom with dens, averaging 697 square feet.
- 30 Off street gated garage parking spaces.
Executive Summary
The Morse Multifamily Group is pleased to present Greentree Apartments, an exceptional mixed-use investment opportunity located at 7100 Greenwood Avenue N in Seattle’s Phinney Ridge neighborhood. The property offers investors a rare chance to acquire a legacy asset being brought to market for the ?rst time since its original development. Built as condominiums in 1990 with individual tax parcels already established, the property re?ects a higher standard of construction quality and long-term durability. With the condo mapping already completed, Greentree offers multiple exit strategies typically unavailable in traditional apartment buildings.
The asset features an outstanding unit mix of studios, one-bedroom, and one-bedroom plus den apartments, thoughtfully designed to attract a broad tenant base. Highlighting the residential offering is a coveted top-?oor penthouse unit complete with a private rooftop deck, delivering unobstructed views of Green Lake and creating a premium rental opportunity. Complementing the residential component, the ground-?oor retail is fully leased to two established, service-oriented tenants—BabyFace Spa and KAnder Salon—providing consistent income with an average remaining lease term of approximately 4.5 years.
Tenant appeal is further enhanced by practical amenities including 30 off-street garage parking spaces and in-unit washer and dryer hookups in each apartment home. Please contact Jake Morse for additional information.
The asset features an outstanding unit mix of studios, one-bedroom, and one-bedroom plus den apartments, thoughtfully designed to attract a broad tenant base. Highlighting the residential offering is a coveted top-?oor penthouse unit complete with a private rooftop deck, delivering unobstructed views of Green Lake and creating a premium rental opportunity. Complementing the residential component, the ground-?oor retail is fully leased to two established, service-oriented tenants—BabyFace Spa and KAnder Salon—providing consistent income with an average remaining lease term of approximately 4.5 years.
Tenant appeal is further enhanced by practical amenities including 30 off-street garage parking spaces and in-unit washer and dryer hookups in each apartment home. Please contact Jake Morse for additional information.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $2,124 CAD | 400 |
| 1+1 | 35 | $2,735 CAD | 721 |
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