5034 Fauntleroy Wy SW

    Seattle, WA 98136
    • $2,375,000
    • STATUS: Active
    • ON SITE: 22 days
    • ID#: 1423170
    UPDATED: 70 min ago
    $2,375,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,424
      SQFT
    • $438
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Paragon Real Estate Advisors.

    Description

    The Sound Breeze Apartments offers an investor the opportunity to acquire a turn-key, modern apartment building in one of the citys most popular and fastest growing neighborhoods. With large, contemporary floor-plans, complete appliance packages, and modern building mechanical systems and technology the Sound Breeze functions perfectly in the present form or could be renovated and repositioned to give it a contemporary feel with potential for even greater income.

    Monthly Payment Calculator



    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-24T15:17:06.753.

    www.kimberlygartlandgroup.com/homes/93259850

    5034 Fauntleroy Wy SW Seattle, WA 98136

    • Price: $2,375,000
    • Status: Active
    • Updated: 70 min ago
    • ID#: 1423170
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    5,424
    SQFT
    $438
    $/SQFT
    1986
    Built
    Neighborhood:
    West Seattle
    County:
    King
    Area:
    West Seattle
    School District:
    Seattle
    Property Description
    The Sound Breeze Apartments offers an investor the opportunity to acquire a turn-key, modern apartment building in one of the citys most popular and fastest growing neighborhoods. With large, contemporary floor-plans, complete appliance packages, and modern building mechanical systems and technology the Sound Breeze functions perfectly in the present form or could be renovated and repositioned to give it a contemporary feel with potential for even greater income.
    Exterior Features

    Carport Spaces 0 Exterior Wood Products Foundation Poured Concrete Garage Spaces 7 Roof Composition Stories In Building 3 Style 55 - 5-Plex Total Parking Spaces 7 Uncovered Spaces 0

    Interior Features

    Heating And Cooling Baseboard Unit1 Bathrooms 2.00 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Sq Ft 904 Unit2 Bathrooms 2.00 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Sq Ft 904 Unit3 Bathrooms 2.00 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Sq Ft 904 Unit4 Bathrooms 2.00 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Sq Ft 904 Unit5 Bathrooms 2.00 Unit5 Bedrooms 2 Unit5 Fireplaces 0 Unit5 Sq Ft 904 Unit6 Bathrooms 2.00 Unit6 Bedrooms 2 Unit6 Fireplaces 0 Unit6 Sq Ft 904 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 4.80 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Not Provided General Zoning Classification Multi-Family Gross Adjusted Income 148468 Gross Rent Multiplier 15 Gross Scheduled Income 153060 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2100 Leased Items None Net Operating Income 113265 New Construction YN No Other Expenses 12000 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Available Tax Amount 14026 Tax Year 2018 Terms Cash Out Third Party Approval Required None Total Expenses EXP 35203 Total Expenses TEX 35203 Total Monthly Income 12755 Unit1 Monthly Rent 2095 Unit2 Monthly Rent 1995 Unit3 Monthly Rent 1995 Unit4 Monthly Rent 1950 Unit5 Monthly Rent 1995 Unit6 Monthly Rent 2095 Vacancy Rate 4 Water Sewer Garbage 7077 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Kimberly Gartland Group - Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-24T15:17:06.753.

     
    Kimberly Gartland Group - Keller Williams Realty
    5263 Olympic Drive NW, Suite B
    Gig Harbor WA, 98335
    Listing Courtesy of Paragon Real Estate Advisors.