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3025 SW Avalon Way
Seattle, WA 98126
Asking Price
$3.45M
Asset Type
Residential Land
Class
Class B
What's Special
Land | 16,345 SqFt <ul><li>A 16,345 square-foot, future transit-oriented development site located in West Seattle's North Delridge neighborhood.</li><li>Delridge light rail station, scheduled for opening in 2032, is within a 10-minute walking distance.</li><li>The mid-rise residential zone allows for building heights up to 80 feet without retail or parking requirements.</li><li>The feasibility study suggests the site would support up to 103 studio units, a parking garage with 40 stalls, and 3,900 SF of amenit
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NOI
$80,000
Cap Rate
2.32%
DSCR
0.39
Underwater
Cash-on-Cash
-12.05%
Monthly Payment
$17,048.928
Annual Cash Flow
$-124,587.134
