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9515 Interlake Avenue North
Seattle, WA 98103
Asking Price
$7.29M
Cap Rate
5.1%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
27-unit Renovated Apartment Community in Seattle’s Licton Springs Neighborhood <ul><li>Turn-key asset with significant capital improvements completed</li><li>Significant discount to homeownership</li><li>Minutes from booming Seattle and Eastside tech employers</li><li>Abundance of retail and recreational amenities nearby</li><li>Ideally located close to mass transit</li></ul>
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NOI
$80,000
Cap Rate
1.10%
DSCR
0.18
Underwater
Cash-on-Cash
-16.13%
Monthly Payment
$36,066.942
Annual Cash Flow
$-352,803.309
