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3915-3927 Aurora Ave N
Seattle, WA 98103-7928
Asking Price
$1.59M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.29 acres <ul><li>Rare assemblage of two adjacent parcels totaling 0.29 acres (approximately 12,632 square feet) in one of Seattle's most active and transit-rich development corridors</li><li>Zoned C1-55(M), the combined site unlocks a maximum FAR of 3.75 and a height allowance of 55 feet, yielding a maximum gross buildable area of approximately 47,370 square feet</li><li>Site supports approximately 53 units of mixed-use townhomes or approximately 6 for-sale townhomes</li><li>Positioned along Aurora A
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NOI
$80,000
Cap Rate
5.03%
DSCR
0.85
Underwater
Cash-on-Cash
-3.02%
Monthly Payment
$7,866.452
Annual Cash Flow
$-14,397.43
