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Multifamily

7013 Seaview 5 Unit

7013 Seaview Terrace SW, Seattle, WA 98136

Listing Price: $1,950,000

Cap Rate
5.65%
Number of Units
5
GRM
13.05
Occupancy
95.0%
Price/Unit
$390,000
Price/Gross SF
$706.52
Gross SF
2,760

Investment Overview

Seaview Terrace Apartments is a small property featuring 5 apartment units located in the Seaview neighborhood of West Seattle. The property offers stunning views of Puget Sound and the Olympic Mountains. The unit mix includes a range of floor plans, ranging from studios to three bedroom units.

Seaview Terrace is designed with resident comfort in mind. Units feature large windows to capture incredible views and ample living space. The quiet, tree-lined street where the property is located offers a peaceful living environment, ideal for those who appreciate tranquility while being close to urban amenities. Residents also enjoy easy access to several of West Seattle's top destinations, including Lincoln Park and Alki Beach, both just a short drive away.

The property is positioned to provide excellent accessibility, with nearby public transportation options, including bus routes that offer quick access to downtown Seattle. Additionally, the Fauntleroy Ferry Terminal is a short distance from the property, offering convenient ferry services to Vashon Island and Southworth, ideal for weekend getaways or commutes.

Seaview Terrace at Myrtle St Apartments is ideally located to attract a quality pool of renters seeking a well-maintained, boutique living space in West Seattle. With a balance of natural beauty and proximity to dining, shopping, and recreational activities, this property offers a compelling opportunity for investors looking to acquire a well-maintained asset with room for potential growth in one of Seattle's most desirable residential areas.

Investment Highlights

  • STUNNING VIEWS - Perched in the Seaview neighborhood, this property offers breathtaking views of Puget Sound and the Olympic Mountains, providing an idyllic setting for sunsets and scenic relaxation.
  • PRIME WEST SEATTLE - Located just minutes from Lincoln Park, Alki Beach, and the vibrant restaurants and shops in the West Seattle Junction, it offers easy access to both nature and urban amenities.
  • CONVENIENT TRANSPORTATION - Easy access to public transportation and major roadways makes commuting to downtown Seattle or other parts of the city convenient, while the nearby Fauntleroy Ferry Termina

Exclusively Listed By

Financing By

Multifamily

7013 Seaview 5 Unit

Listing Price: $1,950,000

Cap Rate
5.65%
Number of Units
5
GRM
13.05
Occupancy
95.0%
Price/Unit
$390,000
Price/Gross SF
$706.52
Gross SF
2,760

Investment Highlights

  • STUNNING VIEWS - Perched in the Seaview neighborhood, this property offers breathtaking views of Puget Sound and the Olympic Mountains, providing an idyllic setting for sunsets and scenic relaxation.
  • PRIME WEST SEATTLE - Located just minutes from Lincoln Park, Alki Beach, and the vibrant restaurants and shops in the West Seattle Junction, it offers easy access to both nature and urban amenities.
  • CONVENIENT TRANSPORTATION - Easy access to public transportation and major roadways makes commuting to downtown Seattle or other parts of the city convenient, while the nearby Fauntleroy Ferry Termina

Investment Overview

Seaview Terrace Apartments is a small property featuring 5 apartment units located in the Seaview neighborhood of West Seattle. The property offers stunning views of Puget Sound and the Olympic Mountains. The unit mix includes a range of floor plans, ranging from studios to three bedroom units. Seaview Terrace is designed with resident comfort in mind. Units feature large windows to capture incredible views and ample living space. The quiet, tree-lined street where the property is located offers a peaceful living environment, ideal for those who appreciate tranquility while being close to urban amenities. Residents also enjoy easy access to several of West Seattle's top destinations, including Lincoln Park and Alki Beach, both just a short drive away. The property is positioned to provide excellent accessibility, with nearby public transportation options, including bus routes that offer quick access to downtown Seattle. Additionally, the Fauntleroy Ferry Terminal is a short distance from the property, offering convenient ferry services to Vashon Island and Southworth, ideal for weekend getaways or commutes. Seaview Terrace at Myrtle St Apartments is ideally located to attract a quality pool of renters seeking a well-maintained, boutique living space in West Seattle. With a balance of natural beauty and proximity to dining, shopping, and recreational activities, this property offers a compelling opportunity for investors looking to acquire a well-maintained asset with room for potential growth in one of Seattle's most desirable residential areas.

Exclusively Listed By

Financing By

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