Great Multi-Family Opportunity in Seattle! Update this 9-Unit Apartment Complex w/ parking lot in Rainier Valley, located near Seward Park! This complex consists of:
Eight – 1 Bed / 1 Bath Units at 550 SqFt
One – 2 Bed / 1 Bath Unit at 700 SqFt
Market Rents for the 1 Bed / 1 Baths are $1,500 and $1,850 for the 2 Bed / 1 Bath.
Bank owned property; previous owners planned to condoize the complex and sell each unit individually. Complex will be worth upwards of $3 million if condoized.