Opportunities are Abundant! The Magnolia Portfolio offers a new investor the ability to acquire a 5 building assemblage suitable for a value add opportunity located in a core Seattle area. The current arrangement offers 41 residential units plus 2 commercial spaces and a single family house. All together the assemblage represents 48,462 square feet of LR3 (M) zoned dirt. The property is suitable for immediate development as multiple asset types depending on need allowing a new owner to operate the assets "as is" while navigating the permit process to maintain cash flow.
Active
Listed by:
Michael Urquhart,
Paragon Real Estate Advisors,
Ben Douglas,
Paragon Real Estate Advisors
$9,250,000
2600 2634 Thorndyke Avenue W, Seattle, WA 98199
44beds
41baths
25,724sqft
Est.:
Multi Family
Built in 1947
-- sqft lot
$-- Zestimate®
$360/sqft
$-- HOA
What's special
- 5 days |
- 242 |
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