SOLD // TAMARIND
Tamarind
Sold
PRICE:
$4,000,000
Property Overview
ADDRESS
917, 921, 927 N 96th St.
Seattle, WA 98103
NET RENTABLE SF
±14,100
NEIGHBORHOOD
North Green Lake
PARKING
25 Parking Stalls
YEAR BUILT
1967
ZONING
LR3 (M)
UNITS
24
SITE AREA
24,300 SF (0.56 acres)
Executive Highlights
-
Value-Add Opportunity
Value-Add opportunity with ability to capture significant rental upside through renovations
-
86 Walk Score: Very Walkable
Most errands can be accomplished on foot
-
Potential For Future Development
Large LR3(M) lot, ±24,300 SF.
Great zoning for future development -
Attractive Market CAP RATE
Ability to move rents $700+
and take north of a 6.5% CAP RATE -
Rare Opportunity
Going in basis of $193,750 per unit,
very rare for Seattle address
Location
Gallery
