7100 Greenwood Ave N Seattle, WA 98107

Listing agency Marcus & Millichap, Inc. j***@marcusmillichap.com Show Phone

Listed by Jake Morse · License #License(s): WA: 20120840 Show Phone

Source Marcusmillichap

Added: Apr 15 Updated: Jul 10 at 3:55PM Checked: Jul 23 at 2:34AM

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Investment Insights

Based on property information with market context.

Greentree Apartments presents an opportunity to acquire a meticulously maintained, 37-unit mixed-use asset in Seattle's Phinney Ridge neighborhood. Built in 1990 as condominiums, each unit has its own individual tax ID. The property features an exceptional unit mix of studios, one-bedrooms, and one-bedrooms with dens, including a top-floor penthouse with a private rooftop deck showcasing unobstructed views of Green Lake. Community enhancing amenities include 30 off-street garage parking spaces and in-unit washer/dryer hookups in all apartment homes. The ground-floor retail component is fully leased to two established, service-oriented tenants—BabyFace Spa and KAnder Salon—providing stable income with an average of 4.5 years of remaining lease term.

Key Highlights

• Rare opportunity to acquire a meticulously maintained, 37‑unit mixed‑use asset in Seattle's highly desirable Phinney Ridge neighborhood.
• Built as condominiums with individual tax IDs, offering investors an alternative exit strategy.
• Exceptional unit mix including a coveted top‑floor penthouse with a private rooftop deck and unobstructed views of Green Lake.

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FAQs

What type of property is this?

Apartment building - Meticulously maintained 37-unit mixed-use asset in Seattle's Phinney Ridge.

Where is this apartment building located?

The property is located at 7100 Greenwood Ave N Seattle, WA.

What is the asking price?

The asking price for this property is $13,195,000.

What are key features of this property?

This property features: Rare opportunity to acquire a meticulously maintained, 37‑unit mixed‑use asset in Seattle's highly desirable Phinney Ridge neighborhood.; Built as condominiums with individual tax IDs, offering investors an alternative exit strategy.; Exceptional unit mix including a coveted top‑floor penthouse with a private rooftop deck and unobstructed views of Green Lake.