Investment Overview

Woodlawn I & II presents a rare opportunity to purchase a generational real estate asset in Seattle, one of the top multifamily investment markets in the nation. Woodlawn I & II is a 16-unit multifamily community with 3,740 square feet of professional office space occupied by community-enhancing tenants. Built in two phases, with the first being in 1993 and the second in 2001 by Hargiss Properties, a boutique multifamily developer in Seattle, Woodlawn I & II features best-in-class construction with high-end contemporary finishes. Woodlawn I & II is located in one of Seattle’s most coveted neighborhoods, offering an escape to water and a community-enriched landmark park in the city of Seattle. Centrally located between the two largest employment hubs in Washington State – Seattle and Bellevue – residents are within 10 to 20 minutes of 620,000 jobs at companies such as Amazon, Google, Expedia, Meta, Microsoft, Nordstrom, Starbucks, and more. Additionally, Woodlawn I & II is 3 minutes from the current Roosevelt Light Rail station, providing service directly to Seattle and all its employers. QUALITY CONSTRUCTION AND CONDO FINISHES Woodlawn I & II offers a range of amenities that appeal to both residents and professionals seeking office spaces. The building consists of 16 residential units built to condo specifications. The units are spacious, averaging 1,015 square feet in size, and offer a comprehensive mix of layouts to suit various needs. The unit types include studio, one-bedroom, two-bedroom, and three-bedroom units, with some featuring townhome-style units, adding a unique element to the residential offerings. These units come with desirable amenities such as walk-in closets and private rooftop patio decks, providing additional space and outdoor living opportunities for residents. All units have off suite decks with select two-bedroom units in the building offer oversized patios, creating an attractive feature for those who enjoy outdoor entertaining or relaxation. These spacious patios enhance the overall living experience for tenants. Woodlawn I & II were built in two phases, with Woodlawn I completed in 1993 and Woodlawn II in 2001. This multi-phase construction adds to the property’s appeal, as it provides a mix of design elements and potential for rental variations. Both sides of the property have their own elevators, enhancing convenience and accessibility for residents and office occupants. This feature adds value to the property, particularly for individuals with mobility concerns. Woodlawn I & II offers secured garage parking, providing peace of mind for residents and professionals who require vehicle storage. The property provides 13 individual parking stalls and 7 tandem stalls, ensuring ample parking spaces for tenants. Both sides of the property feature a community rooftop patio, allowing all residents to enjoy shared outdoor space. This communal amenity fosters a sense of community and provides an additional gathering area for socializing or enjoying the surrounding views.