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Listed by PRO RLTYSRVCS Eastside
$6,520,000
Est. payment /mo
0.3 Acres Lot
UPDATED:
11/23/2024 02:17 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Pending
Purchase Type For Sale
Subdivision University District
MLS Listing ID 2240011
Style 42 - Multi-Family
Annual Tax Amount $46,368
Lot Size 0.298 Acres
Property Description
Scarcity determines value! An exceptionally rare chance to acquire prime property & a fully designed top-level apartment project at U District, adjacent to UW. The Rhythm Apartments project, with 3 neighboring parcels, has secured the MUP and is finalizing building permit. This meticulously planned project features a 7-story building with highly valuable commercial space on the 1st floor and 127 units from 2nd-7th floors, totaling 45,926 sqft & average unit size of 362 sqft. The project promises optimal investment returns in a short time, making it a dream opportunity. The design also includes underground parking space. Just a block from the UW central campus, proximity to shopping, entertainment, and restaurants in the bustling U District.
Location
State WA
County King
Area 710 - North Seattle
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N No
Building
Sewer Available
Water Available
Schools
Elementary Schools Laurelhurst
Middle Schools Eckstein Mid
High Schools Roosevelt High
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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