Se Connecter/S’inscrire
Votre courriel a été envoyé.
Vivir 1201 S Cloverdale St 20 Unité Immeuble d’appartements 4 510 902 $ CAD (225 545 $ CAD/Unité) 6,10% Taux de capitalisation Seattle, WA 98108
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Immediate Value-Add Opportunity
- Quality Amenities Drive Tenant Retention
- Major Hub for Air Travel and World-Class Healthcare Provide Recession-Resistant Employment
- Proven Rent Growth Strategy
- Strong Submarket Fundamentals
- Supply-Constrained Market Supports Stability
Résumé de l'annonce
Vivir presents a strategic acquisition opportunity in the West Seattle/South Seattle submarket – a most renovated, recently stabilized 20-unit property where significant value-add work has already been completed and validated through current performance. With 15 units fully renovated and achieving market-rate rents, Vivir delivers a 6.45% pro forma cap rate while offering clear upside potential. Three units are partially renovated and positioned for near-term completion, while two units remain ready for upgrades, providing straightforward execution opportunities for new ownership.
The property features a diversified mix of studio, one-bedroom, and two-bedroom units averaging 568 square feet. Renovated units include luxury vinyl plank flooring, hard surface countertops, contemporary fixtures, and new stainless appliances – finishes that lease immediately at market rates and drive strong tenant retention, validating both the renovation approach and underlying demand.
New ownership can capture incremental revenue through two channels: operational optimization and completion of the renovation program. By reducing economic loss to industry standards and finishing the remaining unit improvements, the property is positioned to unlock 10% premiums over current in-place rents – a target already being achieved by upgraded units today.
Vivir offers what sophisticated investors seek: attractive basis deliverable at 25% below previous market peak, current income stability from fully occupancy, near-term value creation through a de-risked renovation program, and long-term upside supported by supply constraints and diverse employment drivers in one of the West Coast’s strongest multifamily markets.
The property features a diversified mix of studio, one-bedroom, and two-bedroom units averaging 568 square feet. Renovated units include luxury vinyl plank flooring, hard surface countertops, contemporary fixtures, and new stainless appliances – finishes that lease immediately at market rates and drive strong tenant retention, validating both the renovation approach and underlying demand.
New ownership can capture incremental revenue through two channels: operational optimization and completion of the renovation program. By reducing economic loss to industry standards and finishing the remaining unit improvements, the property is positioned to unlock 10% premiums over current in-place rents – a target already being achieved by upgraded units today.
Vivir offers what sophisticated investors seek: attractive basis deliverable at 25% below previous market peak, current income stability from fully occupancy, near-term value creation through a de-risked renovation program, and long-term upside supported by supply constraints and diverse employment drivers in one of the West Coast’s strongest multifamily markets.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
- Operating and Financials
Faits sur la propriété
| Prix | 4 510 902 $ CAD | Classe d’immeuble | C |
| Prix par unité | 225 545 $ CAD | Taille du lot | 0,28 AC |
| Type de vente | Investissement | Taille du bâtiment | 11 355 pi² |
| Taux de capitalisation | 6,10% | Occupation moyenne | 100% |
| Nombre d’unités | 20 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1957 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 0,88/1 000 pi² |
| Style d’appartement | De faible hauteur | ||
| Zonage | RSL (M) | ||
| Prix | 4 510 902 $ CAD |
| Prix par unité | 225 545 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6,10% |
| Nombre d’unités | 20 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,28 AC |
| Taille du bâtiment | 11 355 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 2 |
| Année de construction | 1957 |
| Ratio de stationnement | 0,88/1 000 pi² |
| Zonage | RSL (M) |
Commodités
Commodités des unités
- Lave-vaisselle
- Chauffage
- Cuisine
- Planchers de bois franc
- Réfrigérateur
- Électroménagers en acier inoxydable
- Coin petit‑déjeuner
Commodités du site
- Cour
- Installations de lessive
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 1 | - | 400 |
| 1+1 | 15 | - | 525 |
| 2+2 | 4 | - | 770 |
Assez praticable à pied
50/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun relativement accessibles
50/100
Plutôt praticable en vélo
50/100
Impôts fonciers
| Numéro de lot | 788360-7705 | Évaluation des bâtiments | 4 431 620 $ CAD |
| Évaluation du terrain | 574 115 $ CAD | Évaluation totale | 5 005 734 $ CAD |
Impôts fonciers
Numéro de lot
788360-7705
Évaluation du terrain
574 115 $ CAD
Évaluation des bâtiments
4 431 620 $ CAD
Évaluation totale
5 005 734 $ CAD
Contacts
-
Chad Blenz -
Mitchell Belcher -
Steven Chattin -
Jay Timpani -
Brandon Lawler -
Berkadia
1 de 11
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
Présenté par
Vivir | 1201 S Cloverdale St
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.