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3005 Harbor Ave SW
Seattle, WA 98126 North Admiral

$2,395,000 USD

Apartments For Sale  •  5,635 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,635 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 2017
  • Cap Rate 4.84 %
  • Zoning C1-55 (M)
40 Transit Score
39 Walk Score

Highlights

Turnkey asset in a desirable location
100% occupied since it was first leased
Sweeping views of Downtown Seattle, Elliot Bay and Mount Rainier
Roof-top deck with BBQ and seating area
Built in 2017
6 – 2BD/1BTH – 939 square foot units

Property Flyers

Financial Summary (Actual)

Net Operating Income: $115,862 USD (2023)
Cap Rate: 4.84 %
Total Expenses: $44,421 USD

Public Transportation

Commuter RailDriveWalkDistance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 10 min - 4.5 mi
AirportDriveWalkDistance
Seattle-Tacoma International 24 min - 14.2 mi
Seattle Paine Field International 42 min - 28.9 mi
Ben Douglas 206-812-9101 Paragon Real Estate Advisors
Ben Douglas 206-812-9101 Paragon Real Estate Advisors