The Way West Apartments (Status: Pending) 3486000

8600, Aurora Ave, Seattle, WA  98103

Strategically located in the Aurora-Licton Springs Residential Urban Village area of North Seattle, the Way West apartments offers a high cash flow asset now until future development. The Subject enjoys convenient access to Downtown Seattle via both Interstate-5 and Highway 99 (Aurora Ave. N.) and is in close proximity to the desirable Green Lake and Northgate neighborhoods. The aggressive zoning allows for mixed-use structures of multifamily, or hospitality over office or retail with street-to-street development up to 109,631 SF and a generous 75′ maximum height limit. This is a rare 8.00 Cap Rate property in Seattle based on actual income!

Listing Details

Asset Class: Multi-Family
Year Built: 1952
Building Total Square Feet: 10934
Available Lease Space Square Feet: 10934
Number of Floors: 2
Total Parking Spaces: 23
Local Zoning Information: NC3P-75(M)

Listing Courtesy of: Peizer Commercial Real Estate

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.