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705 South Weller Street
Seattle, WA 98104
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
40-Unit Multifamily Investment Opportunity <ul><li><strong>Stabilized Cash Flow:</strong> T-12 NOI of <strong>$466,350</strong> (+24% vs. 2023), <strong>95% physical occupancy</strong>, and over <strong>8 years of consistent operating performance</strong>.</li><li><strong>Mark-to-Market Rent Upside:</strong> In-place rents average <strong>$1,595/unit/month</strong> versus CoStar market rents of <strong>$1,793/unit/month</strong>, representing approximately <strong>$95,000 in annual revenue upside</strong> through natural turnover.</li>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
