Capitol Hill Multifamily Investment
For Sale
$6,650,000
Pending
202 19th Ave E, Seattle, WA 98112
30-unit apartment building in Seattle's Capitol Hill neighborhood.
Property SizeContact for details
Days on Market681
Property Features for 202 19th Ave E
General Information
Standard status
Pending
Property subtype
Commercial
Building Details
Year Built
1978
Listing Agency:
KIDDER MATHEWS
(206) 414-8575
Listed By:
DYLAN SIMON · License #23973
Source:
Corcoran
Added: Oct 9, 2024
Changed: Jul 6
Last Checked: Jul 23 at 8:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KIDDER MATHEWS
Investment Insights
Based on property information with market context.
Honeysuckle Apartments presents an opportunity to acquire a 30-unit apartment building in Seattle's Capitol Hill neighborhood. The property benefits from a Housing Assistance Payments (HAP) contract covering 29 out of 30 units, offering risk reduction and steady cash flow. The location provides access to South Lake Union and Seattle’s Central Business District, with transit connectivity. The property caters to urban professionals, ensuring rental demand.
Key Highlights
- Prime Capitol Hill location, offering access to Seattle's most vibrant neighborhood and major employment centers.
- Housing Assistance Payments (HAP) contract covers 29 out of 30 units, ensuring steady cash flow and reduced risk.
- Proximity to South Lake Union and Seattle's Central Business District.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,957
Businesses Nearby
Explore this area
Business Placement
Demographics for 98112, WA
23,152
Population
11,670
Households
2
Avg Household Size
39
Median Age
81%
College-Educated
99%
High-School Grad
3.2 sq mi
ZIP Area
7,235
Density / Sq Mi
$162,073
Median Household Income
$84,919
Median Earnings
$2,062
Median Rent
$1,407,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 30-unit apartment building in Seattle's Capitol Hill neighborhood.
Where is this apartment building located?
The property is located at 202 19th Ave E Seattle, WA.
What is the asking price?
The asking price for this property is $6,650,000.
What are key features of this property?
This property features: Prime Capitol Hill location, offering access to Seattle's most vibrant neighborhood and major employment centers.; Housing Assistance Payments (HAP) contract covers 29 out of 30 units, ensuring steady cash flow and reduced risk.; Proximity to South Lake Union and Seattle's Central Business District.
