Multifamily

Boylston Place Apartments

1816 Boylston Ave, Seattle, WA 98122

Listing Price: Request For Offer

Number of Units
32
Occupancy
97.00%
Gross SF
21,280

Investment Overview

The Boylston Place Apartments is a 32 unit apartment building located in Seattles popular and centrally located Capitol Hill neighborhood. Built in 1990, the property has been with the same ownership since it was developed 30 years ago. The unit mix is a 16 one bedroom and 16 two bedroom one bath units on a 12,000 SF lot. Unit amenities include full kitchen with electric range, oven, and dishwasher. All units have electric wall heaters and balconies. A small central courtyard exists above the parking garage and between the two residential structures. The property also features an elevator, laundry facility, storage, and secured garage parking for up to 40 vehicles.
The Boylston Place Apartments is a walkers paradise with a near perfect Walk Score of 99. It also scores a 95 on transit and an 82 for biking. The Capitol Hill Light Rail Station is within 2 blocks of the property providing direct access as far north as Northgate and as far South as Seattle-Tacoma International Airport. Nearby grocery stores include two QFCs, Whole Foods, and the Central Co-Op all of which are either walking distance or within a mile of the property. The property is within a few blocks of Broadway and the Pike/Pine corridor which boast dozens of Seattles trendiest restaurants, bars, and eateries. Nearby recreation includes Cal Anderson Park and Volunteer Park. Downtown Seattle and Amazons headquarters in South Lake Union are all within a mile of the property.
The Boylston Place Apartments is well positioned to capture a quality pool of renters who are seeking an affordable yet quality space to call home in a well located area. It offers an investor the opportunity to acquire a well maintained asset with up-side potential in one of Seattles hottest rental markets.

Investment Highlights

  • Value add opportunity
  • Even mix of 1 and 2 bedroom units
  • Secure garage
  • Two blocks from light rail station
  • Walkscore of 99
  • Views of Downtown Seattle

Exclusively Listed By

  • Rich Day

    Senior Associate

    Email Rich

    License(s): WA: 110473

    Seattle

Multifamily

Boylston Place Apartments

Listing Price: Request For Offer

Number of Units
32
Occupancy
97.00%
Gross SF
21,280

Investment Highlights

  • Value add opportunity
  • Even mix of 1 and 2 bedroom units
  • Secure garage
  • Two blocks from light rail station
  • Walkscore of 99
  • Views of Downtown Seattle

Investment Overview

The Boylston Place Apartments is a 32 unit apartment building located in Seattles popular and centrally located Capitol Hill neighborhood. Built in 1990, the property has been with the same ownership since it was developed 30 years ago. The unit mix is a 16 one bedroom and 16 two bedroom one bath units on a 12,000 SF lot. Unit amenities include full kitchen with electric range, oven, and dishwasher. All units have electric wall heaters and balconies. A small central courtyard exists above the parking garage and between the two residential structures. The property also features an elevator, laundry facility, storage, and secured garage parking for up to 40 vehicles.
The Boylston Place Apartments is a walkers paradise with a near perfect Walk Score of 99. It also scores a 95 on transit and an 82 for biking. The Capitol Hill Light Rail Station is within 2 blocks of the property providing direct access as far north as Northgate and as far South as Seattle-Tacoma International Airport. Nearby grocery stores include two QFCs, Whole Foods, and the Central Co-Op all of which are either walking distance or within a mile of the property. The property is within a few blocks of Broadway and the Pike/Pine corridor which boast dozens of Seattles trendiest restaurants, bars, and eateries. Nearby recreation includes Cal Anderson Park and Volunteer Park. Downtown Seattle and Amazons headquarters in South Lake Union are all within a mile of the property.
The Boylston Place Apartments is well positioned to capture a quality pool of renters who are seeking an affordable yet quality space to call home in a well located area. It offers an investor the opportunity to acquire a well maintained asset with up-side potential in one of Seattles hottest rental markets.

Exclusively Listed By

  • Rich Day

    Senior Associate

    Email Rich

    License(s): WA: 110473

    Seattle

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