$5,500,000
The Davison Apartments
Listing Type: For Sale
Property Type: Multi-Family
Status: Available
CBA ID#: 677448
5003 15th Ave NE
Seattle, WA 98105

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Commercial Property

Marketing Description:

The Lee & Associates Northwest | MultifamilyTeam is pleased to present the Davison, a 23-unit apartment building in the heart of the Seattle’s University District neighborhood and walking distance to the University of Washington. Designed by British architects, Stuart and Wheatly, the Davison was constructed in 1926 with an attractive period brick façade, detailed cornice and parapet work. It is a well-maintained building featuring spacious units averaging 670 sf per unit with a unit mix of 10 studios and 13 1-bedrooms (buyer to verify). Units feature elegant crown molding, oak hardwood floors and vintage penny tile. Most units feature newer kitchen cabinets and granite countertops as well as vanities. The building also features five secure garage spaces with access off the alley. Sitt

Land Features:

  • Lot Size: 8220 SqFt
  • Lot Acreage: 0.19 Acres
  • Zoning: LR3
  • Covered Parking: 6

Building Features:

  • Building Size: 22018 SqFt
  • Number of Floors: 3
  • Cap Rate: 3.93%
  • Construction: Brick, Concrete, Masonry
  • Year Built: 1926
This Listing Supplied Courtesy of Lee & Associates Comm R.E Serv
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