For Sale
$11,000,000

714 7Th Ave Seattle, WA 98104

74 Units, Prime Seattle Location, Assumable Financing

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 74-unit apartment building presents a compelling investment opportunity in the heart of Seattle, Washington. Located at 714 7th Ave in the desirable 98104 zip code, this high-rise property boasts a commanding presence and benefits from high-rise zoning. The asking price is $11,000,000, translating to an attractive price per unit of approximately $148,649. The property's strong cash flow is further enhanced by the availability of assumable financing, providing a significant advantage for potential buyers. Situated in King County, this multifamily asset offers immediate income generation and significant upside potential. The precise details of the assumable financing are available upon request. This prime Seattle location offers convenient access to a vibrant urban environment, including diverse employment opportunities, excellent transportation links, and a wealth of amenities. The building's 74 units cater to a broad range of tenants, ensuring consistent occupancy and strong rental income. This is a rare opportunity to acquire a well-positioned, high-performing apartment building in one of the nation's most dynamic real estate markets. Detailed financial information and property specifics are available to qualified buyers.

Highlights

  • 74-unit apartment building in Seattle's desirable 98104 zip code.
  • Asking price: $11,000,000, approximately $148,649 per unit.
  • High-rise zoning, strong cash flow, and assumable financing available.
  • Located in King County, offering immediate income and upside potential.
  • Prime Seattle location with convenient access to employment, transportation, and amenities.

Property Details for 714 7Th Ave

Property type
Apartment buildings
Units
74

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.60562842684
Longitude
-122.32786059102

FAQs

What type of property is this?
Apartment building - 74 Units, Prime Seattle Location, Assumable Financing
Where is the apartment building located?
The property is located at 714 7Th Ave Seattle, WA.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: 74-unit apartment building in Seattle's desirable 98104 zip code.; Asking price: $11,000,000, approximately $148,649 per unit.; High-rise zoning, strong cash flow, and assumable financing available.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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714 7Th Ave
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