Property profile

1732 16th Ave Seattle, WA 98122

OFF-MARKET
Assisted living facilities
Property ID
US90-3243666
10,950 SF 0.19 ac lot Built 1902
Entity Owned 22-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1902
Construction WOOD
Total area 10,950 SF
Lot 0.19 ac (8,400 SF)
Zoning code LR3 (M)
APN 723460-0426
UPID US90-3243666

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community

Location

1732 16th Ave Seattle, WA 98122-2617
Seattle metro Census 7901 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2003
4 recorded transactions
2003
$1.2M
1998
$800,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LR3 (M) · Seattle, WA
Zoning description

This district promotes multi family uses, in a variety of multifamily housing types in multifamily neighborhoods of moderate scale and density. M is the mandatory housing affordability suffix applied to this zone.

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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