Haven Apartments
7130 California Ave SW, Seattle, WA 98136
Property Type Multi-family
Price $3,300,000
Status Pending
Property Highlights:
- Opportunity to add in unit washers/dryers (Buyer to verify)
- Market 7.6% cap rate based on a market rent of $2.26/foot
- The roof was replaced in May of 2024 and the parking lot was resurfaced/striped in 2024
- Large 1BD/1BTH units may be converted to 2BD/1BTH (Buyer to verify)
- Building has had 0% vacancy over the last 5 years
- Attractive unit mix of 8 - 1BD/1BTH Units and 8 – 2BD/1BTH Units
- Great entry basis of $206,250/unit and $251/net rentable square foot
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