Marketing Description:

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!