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4351 15th Ave S
Seattle, WA 98108
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 39 Units <ul><li>~$200K NOI UPSIDE THROUGH SIMPLE OPERATIONAL IMPROVEMENTS</li><li>Control vacancy and bad debt to market levels, capture ~6.5% mark-to-market on in-place rents, and reduce expenses by appealing taxes to the new purchase price</li><li>NEWER CONSTRUCTION, MINIMAL CAPEX</li><li>Modern systems, efficient layouts, and high-quality finishes reduce near-term capital needs</li><li>Supports consistent, predictable operations</li><li>LARGE UNIT PREMIUM</li><li>Larger-than-market unit sizes
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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
