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4324 36th Ave W

6 Unit Block of Flats £1,292,445 (£215,407/Unit) 3.53% Net Initial Yield Seattle, WA 98199

Executive Summary

Cushman & Wakefield Capital Markets is honored to serve as the exclusive investment advisor for the sale of the Sinclair Estate Apartment Buildings (the “Property”) in Seattle, WA. This highly sought-after, well-located multifamily investment opportunity comprises of three properties in the prestigious Magnolia and Queen Anne neighborhoods of Seattle. The properties include 4318 35th Avenue W, 4324 36th Avenue W, and 1514 Nob Hill Avenue N, each offering unique characteristics and potential for value appreciation. The properties are being offered both jointly and individually.

Property Facts Under Contract

Price £1,292,445
Price Per Unit £215,407
Sale Type Investment
Net Initial Yield 3.53%
Gross Rent Multiplier 16.4
No. Units 6
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.15 AC
Building Size 5,546 SF
Number of Floors 2
Year Built 1977
Parking Ratio 1.44/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
423540-0485
Land Assessment
£909,411
Improvements Assessment
£516,978
Total Assessment
£1,426,389

zoning

Zoning Code LR3 RC
LR3 RC
  • Listing ID: 33241491

  • Date on Market: 19/09/2024

  • Last Updated:

  • Address: 4324 36th Ave W, Seattle, WA 98199

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