$2,799,000
Parkview Apartments
Listing Type: For Sale
Property Type: Multi-Family
Status: Available
CBA ID#: 672629
1120 14th Ave S
Seattle, WA 98144

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Commercial Property

Marketing Description:

Attractive 13 unit apartment building located in the highly desirable N Beacon Hill neighborhood. The Parkview has undergone a series of recent upgrades, including new exterior paint and remodeled units boasting new cabinets, stone countertops, flooring, and appliance packages. The building is thoughtfully equipped with a secured entry, low-maintenance landscaping, a spacious patio for tenants, as well as common laundry facilities and ample parking. Prospective buyers will find additional upside by capitalizing on the development possibilities of this generously sized 13,074 square foot LR3 (M) zoned lot. With ample space available, there is room to re-imagine the existing parking area and potentially add more units.

Land Features:

  • Lot Size: 18731 SqFt
  • Lot Acreage: 0.43 Acres
  • Zoning: LR3(M)
  • Total Parking: 13
  • Uncovered Parking: 13

Building Features:

  • Building Size: 7228 SqFt
  • Available Space: 6424 SqFt
  • Number of Floors: 2
  • Cap Rate: 5.36%
  • Construction: Masonry
  • Year Built: 1958
This Listing Supplied Courtesy of Paragon Real Estate Advisors
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity