BEACON HILL SEATTLE PORTFOLIO | 50 Unit Multifamily Portfolio + Covered Land Play With $65k Annual Income | FOR SALE
Market Price
Seattle, WA, North America
50
Units
1954-1968
Year Built
Details:
Description:
Urban Commercial Partners is pleased to present the Beacon Hill Seattle Portfolio, a compelling multifamily investment opportunity. This well-positioned investment comprises three properties totaling 50 units plus a covered land play with an existing duplex. The portfolio benefits from extensive “to-the-stud” renovations, offering immediate cash flow and significant upside potential.
The three multifamily properties, originally built in the 1950s and 1960s, have been meticulously upgraded recently. The zoned LR3 Urban Village covered land play generates a $65K annual income and presents a prime opportunity for future development. With 100% occupancy and current rents below market, the portfolio offers a solid foundation for value appreciation.
Strategically located in North Beacon Hill, the portfolio offers convenient access to public transportation, major employment centers, and a vibrant array of amenities
Documents:
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Offering Memorandum
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Location
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