5th Avenue Manor (Status: Available) 4600000

8309, 5th Ave, Seattle, WA  98115

5th Ave Manor presents an exceptional opportunity for investors seeking ownership of a prestigious building in a highly sought-after residential locale, characterized by a scarcity of rental accommodations. With its strategic location and potential for value-add enhancement through modest kitchen, flooring, and appliance upgrades, 5th Avenue Manor promises lucrative returns. Following these enhancements, a new owner can anticipate achieving a stabilized Market CAP of 5.60%. Nestled adjacent to the scenic Green Lake Park, renowned for its myriad recreational pursuits, this coveted address offers seamless access to the University of Washington, the bustling South Lake Union Tech Core, and the vibrant Northgate shopping and entertainment hub.

Listing Details

Asset Class: Multi-Family
Year Built: 1969
Building Total Square Feet: 13700
Available Lease Space Square Feet:
Number of Floors: 4
Total Parking Spaces: 15
Local Zoning Information: NC1-55(M)

Listing Courtesy of: Westlake Associates, 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.