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The Edric 9021 17th Ave SW 32 Unité Immeuble d’appartements 17 186 999 $ CAD (537 094 $ CAD/Unité) 5,46% Taux de capitalisation Seattle, WA 98106



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Faits saillants de l'investissement
- Well-Balanced Unit Mix
- Strong Submarket Rent Growth
- Nearby Neighborhood Amenities & Fast Access to Major Economic Drivers
- Attractive Revenue Upside
- Rent Affordability
- Strong In-Place Operations
Résumé de l'annonce
Situated in one of West Seattle's most community-oriented pockets, Edric Apartments offers the kind of everyday livability and lifestyle that continues to attract and retain quality tenants. Residents are steps from multiple parks minutes from Westwood Village Shopping Center and a short drive to the famous Alki Beach, California Avenue, and the West Seattle Ferry. At the same time, proximity to Sea-Tac Airport and Downtown Seattle, with its concentration of major employers, means Edric Apartments draws from a deep and durable renter pool.
The property, built in 2021, was completed with the highest standards in mind. A total of 32 oversized one- and two-bedroom floorplans, averaging over 800 SF, set the property apart from the broader submarket, while interior finishes - including LVP flooring, stainless steel appliances, and shaker-style cabinetry - deliver a modern, high-end feel. Building amenities like covered parking, full-size in-unit washers and dryers, a courtyard, and bike storage further elevate the resident experience.
The operations supporting Edric Apartments make this offering even more compelling. The property consistently runs ahead of the submarket, supported by a diverse income base that far exceeds base rent. The surrounding market has seen meaningful growth since 2021, and in-place rents are just a fraction of average household income. Parking, storage, and RUBS contribute additional monthly income, creating a clear and credible path to continued upside.
For investors seeking a stabilized, income-producing asset in a market with proven demand, Edric Apartments presents a rare combination of quality, location, and growth potential.
The property, built in 2021, was completed with the highest standards in mind. A total of 32 oversized one- and two-bedroom floorplans, averaging over 800 SF, set the property apart from the broader submarket, while interior finishes - including LVP flooring, stainless steel appliances, and shaker-style cabinetry - deliver a modern, high-end feel. Building amenities like covered parking, full-size in-unit washers and dryers, a courtyard, and bike storage further elevate the resident experience.
The operations supporting Edric Apartments make this offering even more compelling. The property consistently runs ahead of the submarket, supported by a diverse income base that far exceeds base rent. The surrounding market has seen meaningful growth since 2021, and in-place rents are just a fraction of average household income. Parking, storage, and RUBS contribute additional monthly income, creating a clear and credible path to continued upside.
For investors seeking a stabilized, income-producing asset in a market with proven demand, Edric Apartments presents a rare combination of quality, location, and growth potential.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
- Operating and Financials
Faits sur la propriété
| Prix | 17 186 999 $ CAD | Classe d’immeuble | A |
| Prix par unité | 537 094 $ CAD | Taille du lot | 0,35 AC |
| Type de vente | Investissement | Taille du bâtiment | 25 693 pi² |
| Taux de capitalisation | 5,46% | Occupation moyenne | 97% |
| Nombre d’unités | 32 | Nombre d’étages | 4 |
| Type de propriété | Immeuble residentiel | Année de construction | 2021 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 1,13/1 000 pi² |
| Style d’appartement | De hauteur moyenne | ||
| Zonage | LR3 (M) | ||
| Prix | 17 186 999 $ CAD |
| Prix par unité | 537 094 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 5,46% |
| Nombre d’unités | 32 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | A |
| Taille du lot | 0,35 AC |
| Taille du bâtiment | 25 693 pi² |
| Occupation moyenne | 97% |
| Nombre d’étages | 4 |
| Année de construction | 2021 |
| Ratio de stationnement | 1,13/1 000 pi² |
| Zonage | LR3 (M) |
Commodités
Commodités des unités
- Climatisation
- Traitement des déchets
- Laveuse/Sécheuse
- Chauffage
- Cuisine
- Réfrigérateur
- Four
- Fourchette
Commodités du site
- Accès 24 heures
- Cour
- Service d'emballage
- Entreposage de vélo
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 16 | - | 645 - 652 |
| 2+2 | 16 | - | 919 - 973 |
Moyennement practicable à pied
60/100
Moyennement facile d'accès en voiture
70/100
Transports en commun relativement accessibles
50/100
Moyennement praticable en vélo
60/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 0 $ CAD | |
| Évaluation du terrain | 1 689 551 $ CAD | Évaluation totale | 1 689 551 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
1 689 551 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
1 689 551 $ CAD
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The Edric | 9021 17th Ave SW
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