10790 16th AVE SW, Seattle, WA 98146
10790 16th AVE SW, Seattle, WA 98146
10790 16th AVE SW, Seattle, WA 98146
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Ranjani Ravi

Ranjani Ravi

+1(408) 613-7623
Listed by:Kidder Mathews • Max Frame
$8,000,000
Est. payment /mo
4 Beds
3 Baths
27,890 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 27,890 sqft

Price per Sqft $286

Subdivision White Center

MLS Listing ID 2584938

Style 56 - 10+ Units

Bedrooms 4

Year Built 2009

Annual Tax Amount $101,950

Lot Size 0.865 Acres

Lot Dimensions 37700

Property Sub-Type Multi Family

Property Description

Centerwood presents an exceptional opportunity to acquire a 36-unit multifamily community built in 2009, located in White Center within unincorporated King County. The property consists of three well-maintained buildings totaling approximately 27,890 rentable square feet, featuring an attractive all two-bedroom unit mix with 35 two-bedroom/two-bathroom units and one two-bedroom/one-bathroom unit. Each residence includes an in-unit washer and dryer, while the community offers 61 parking stalls. Quality construction features include fire sprinklers, copper supply lines, double-pane windows, and individual hot water tanks. Conveniently located near downtown White Center, Westwood Village, public transportation, and major employment centers. Centerwood offers investors a compelling opportunity with a 5.83% in-place cap rate and potential upside through operational improvements and light cosmetic renovations. Offered at $8,000,000.

Location

State WA

County King

Area 140 - West Seattle

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Wood Products

View Y/N Yes

View City

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Ranjani Ravi

Ranjani Ravi

+1(408) 613-7623

Managing Broker License ID: 23004133

Managing Broker License ID: 23004133

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