2720 14th Ave Seattle, WA 98144 – Kenmark Apts2720, 14th Ave, Seattle, WA 98144
Kenmark Apts (Status: Pending) 5000000
2720, 14th Ave, Seattle, WA 98144
**CALL FOR OFFERS: TUESDAY NOVEMBER 16 AT 5:00PM**
Opportunity to acquire Kenmark Apartments (the “Property” or “Subject”). Built in 1966, Kenmark is a 22-unit apartment community located in North Beacon Hill, just a 3-minute walk from the Beacon Hill light rail station and within walking distance to a host of retail amenities.
New ownership stands to benefit from significant revenue enhancement through a comprehensive renovation program implemented on both unit interiors and common areas. Quartz countertops, tile kitchen backsplash, true tile tub surround, and upgraded hardware are among the luxury-grade improvements that could be implemented for a new investor to achieve rent premiums.
Asset Class: Multi-Family
Year Built: 1965
Building Total Square Feet: 13425
Available Lease Space Square Feet:
Number of Floors: 3
Total Parking Spaces: 0
Local Zoning Information:
Listing Courtesy of: Jones Lang LaSalle
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.
- Available SQ. FT.
- Building SQ. FT. 14397
- Cap Rate: 2.91
- LOT SQ. FT. 17750
- Year Built: 1963
- CBA #: 642142
- Available SQ. FT. 23600
- Building SQ. FT. 23600
- Cap Rate: 4.51
- LOT SQ. FT. 6098
- Year Built: 1908
- CBA #: 647253