$17,350,000 $93,139 est/mo Sourced by Back At You

800 Queen Anne Avenue,Seattle, WA 98109

Seattle WA, 98109

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Description

Amazing opportunity to acquire a 49 unit, fully renovated trophy asset with value-add opportunities. Built in 1958 and extensively renovated in 2019, the Val Anne offers highly sought after classic mid-century modern units. Great unit mix of Studio, 1BD, 2BD and 2 penthouse units. 19 units have views of the City Skyline and Puget Sound, in addition 9 units enjoy private balconies. The two Penthouse units are in a league of their own with sweeping views of the city and sound. This is an exceptional opportunity for a new investor to acquire a top-quality investment that will continue to appreciate over time. Currently the rents are approximately 10% below market rates.

Details

MLS#2230692
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1958
Days On Site79
Listing Provided ByParagon Real Estate Advisors | Cathy Jeney
Buying Commision1%

Features

SQ Feet34,018
Story(s)5
Units49
Acreage0.41
Property ViewYes

Market Activity 98109

 The three trees icon appears on listings courtesy of NWMLS.

 Listings courtesy of NWMLS as distributed by MLS GRID.

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Listings Checked: 27 seconds ago
StateWA
CountyKing
CitySeattle
Zip Code98109
Area700 Queen Anne | Magnolia
Community NameQueen Anne
School DistrictSeattle
Listing VS Median (in Queen Anne)
Price:
$17,350,000
low | high
Med:
$699,475
100% of Average
SqFt:
34,018
low | high
Med:
1,191
100% of Average
$ / SqFt:
$510
low | high
Med:
$588
34.744735702116% of Average
On Site:
79
low | high
Med:
35.000000
100% of Average
Sourced by Back At You
Listing Updated: July 16, 2024 at 1:13:52 PM PDT