Multifamily
Greentree Apartments
7100 Greenwood Ave N, Seattle, WA 98107
Listing Price: $13,195,000
Investment Overview
The Morse Multifamily Group of Marcus & Millichap is pleased to present Greentree Apartments, offered for sale for the first time since its original development. Greentree represents a rare opportunity to acquire a meticulously maintained, 37-unit mixed-use asset in the heart of Seattle's highly desirable Phinney Ridge neighborhood. Built in 1990 as condominiums, each unit boasts its own individual tax ID and offers investors an alternative exit strategy. This property features an exceptional unit mix of studios, one-bedrooms, and one-bedrooms with dens, including a coveted top-floor penthouse with a private rooftop deck showcasing unobstructed views of Green Lake. Community enhancing amenities are inclusive of 30 off-street garage parking spaces and in-unit washer/dryer hookups in all apartment homes. The ground-floor retail component is fully leased to two established, service-oriented tenants—BabyFace Spa and KAnder Salon—providing stable income with an average of 4.5 years of remaining lease term.
Greentree Apartments
Investment Highlights
- Built as condominiums with each individual tax parcels already established
- Excellent mix of studio, one and one bedroom with dens, averaging 697 square feet.
- Top floor penthouse unit with a private rooftop deck offering unobstructed views of Green Lake.
- 30 Off street gated garage parking spaces.
- Fully leased ground floor retail with an average of 4.5 years of remaining lease term.
Exclusively Listed By
Listing Price: $13,195,000
Investment Highlights
- Built as condominiums with each individual tax parcels already established
- Excellent mix of studio, one and one bedroom with dens, averaging 697 square feet.
- Top floor penthouse unit with a private rooftop deck offering unobstructed views of Green Lake.
- 30 Off street gated garage parking spaces.
- Fully leased ground floor retail with an average of 4.5 years of remaining lease term.
Investment Overview
The Morse Multifamily Group of Marcus & Millichap is pleased to present Greentree Apartments, offered for sale for the first time since its original development. Greentree represents a rare opportunity to acquire a meticulously maintained, 37-unit mixed-use asset in the heart of Seattle's highly desirable Phinney Ridge neighborhood. Built in 1990 as condominiums, each unit boasts its own individual tax ID and offers investors an alternative exit strategy. This property features an exceptional unit mix of studios, one-bedrooms, and one-bedrooms with dens, including a coveted top-floor penthouse with a private rooftop deck showcasing unobstructed views of Green Lake. Community enhancing amenities are inclusive of 30 off-street garage parking spaces and in-unit washer/dryer hookups in all apartment homes. The ground-floor retail component is fully leased to two established, service-oriented tenants—BabyFace Spa and KAnder Salon—providing stable income with an average of 4.5 years of remaining lease term.
Exclusively Listed By
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