Investment Overview

709 Apartments presents investors with a rare opportunity to acquire a well-maintained asset in one of Seattle's most walkable and transit-rich corridors. Situated minutes from the University of Washington, the property earns a Walker's Paradise designation with a 93 Walk Score, complemented by an 83 Bike Score and 82 Transit Score — metrics that consistently support low vacancy and strong renter demand. The diverse unit mix of studio and two-bedroom homes is supported by significant capital improvements already in place, including a roof replaced within the last four years, Square D electrical panels, and full copper plumbing, meaningfully reducing near-term CapEx exposure for an incoming owner. The 709 Apartments offers investors a strong underlying land position and unique scale opportunity. Situated on a 2,500-square-foot lot zoned Mid-Rise (MR M1) and within walking distance of the University of Washington, the asset carries long-term redevelopment optionality in addition to its in-place income. Investors seeking immediate scale will also find the 4-plex available for purchase directly across the street at 710 NE 43rd St — a rare chance to assemble a two-property portfolio.