9233 Interlake Ave N Seattle, WA 98103
Well-maintained 1986 apartment complex in Seattle's Licton Springs.
- Added:
- May 17, 2026
- Days on Market:
- 56
- Last Refresh:
- Jul 3 at 5:57 am
Property Features for 9233 Interlake Ave N
General Information
- Standard status
- Active
- Size
- 4,322 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1986
Listing office CUSHMAN & WAKEFIELD
Listing date May 17, 2026
Source Corcoran
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 CUSHMAN & WAKEFIELD
Investment Insights
Based on property information with market context.
Key Highlights
- Well‑maintained apartment complex built in 1986.
- Located in the Licton Springs neighborhood of Seattle.
- Secured access building promotes tenant privacy and safety.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $132.3k | $30.60 |
| − Vacancy | −$6.9k | −$1.59 |
| EGI | $125.4k | $29.01 |
| − OpEx | −$56.4k | −$13.05 |
| NOI | $69.0k | $15.95 |
