Property profile

1808 18th Ave Seattle, WA 98122

OFF-MARKET
Assisted living facilities
Property ID
US90-0656169
25,200 SF 0.4 ac lot Built 1911
Individually Owned 37-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1911
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 25,200 SF
Lot 0.4 ac (17,400 SF)
Zoning code LR3 (M)
APN 570750-0120
UPID US90-0656169

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
  • Social Service Agency Charitable Organization
  • Charitable Organization Volunteer Organization
  • Charitable Organization Social Service Agency

Location

1808 18th Ave Seattle, WA 98122-2743
Seattle metro Census 7902 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$905k

Owner & transaction history

since 1988
3 recorded transactions
2019
Price N/A
1988
$350,000
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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