$8,000,000
Brava
Listing Type: For Sale
Property Type: Multi-Family
Status: Available
CBA ID#: 672744
1728 Summit Ave
Seattle, WA 98122

View Map
Commercial Property

Marketing Description:

Located at 1728 Summit Avenue, this 6-story aPodments asset offers a unique concept of naturally-occurring affordable housing. With 60 micro units and SEDUs averaging 185 square feet, Brava is the most viable housing option for low to moderate income-earning residents. One of the standout features of Brava is its immediate access to the light rail, making commuting a breeze. Situated just steps from the Pike-Pine Corridor and a short walk from the Capitol Hill Light Rail Station, this property is perfectly positioned for convenience. Not only does Brava offer a prime location, but it also comes with an attractive loan assumption of $6,125,000 at 4.05%. Additionally, the building amenities, including large shared kitchens and common laundry, provide added convenience and comfort for residen

Land Features:

  • Lot Size: 5227 SqFt
  • Lot Acreage: 0.12 Acres
  • Zoning: MR(M)
  • Total Parking: 2
  • Uncovered Parking: 2

Building Features:

  • Building Size: 11097 SqFt
  • Number of Floors: 2
  • Cap Rate: 0.00%
  • Year Built: 2018
This Listing Supplied Courtesy of Berkadia 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