Park Hill Apartments (Status: Pending) 7850000

1305, Madison St, Seattle, WA  98122

Note: At closing, all rent restrictions will be lifted and most of the units will be vacant. Figures reflect market rents and expenses.Well located near Capitol Hill’s Pike/Pine retail corridor, the Park Hill Apartments offers strategic proximity to employers, restaurants and shops, light rail transit, and the future Madison RapidRide bus route, expected to begin service in 2024. Further, the classic brick veneer building features many uniquely grand floor plans averaging 965 square feet, with 9-foot ceilings and updated plumbing and wiring systems, as well as a 1,300-square-foot shop/storage/office space* currently used by the owner. Moreover, priced at just $253,000* per unit and $260* per foot, the Park Hill Apartments will appeal to a value-add investor as most of the units will be va

Listing Details

Asset Class: Multi-Family
Year Built: 1907
Building Total Square Feet: 30236
Available Lease Space Square Feet: 30236
Number of Floors: 3
Total Parking Spaces: 186
Local Zoning Information: NC3-75(M)

Listing Courtesy of: Virgil Adams Real Estate, Inc.

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.