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303 16th Ave
Seattle, WA 98122
Kenton Apartments · Build-to-Rent Property For Sale
·
15 Units
PROPERTY FACTS
| No. Units | 15 | Property Size | 8,925 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Floors | 3 |
| Apartment Style | Low-Rise | Year Built | 1926 |
| Costar Property Class | C | Parking Allocation | 0.79/1,000 sq ft |
| Total Plot Size | 0.15 ac | ||
| Use Class | L3 | ||
| No. Units | 15 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.15 ac |
| Property Size | 8,925 sq ft |
| Average Occupancy | 100% |
| No. Floors | 3 |
| Year Built | 1926 |
| Parking Allocation | 0.79/1,000 sq ft |
| Use Class | L3 |
ABOUT 303 16TH AVE , SEATTLE, WA 98122
Located in the epicenter of Seattle’s thriving Capitol Hill neighborhood, the 15-unit Kenton presents investors with the rare opportunity to own a classic brick trophy building with significant value-add and redevelopment potential in the heart of the most economically robust sub-market in the Seattle area. The charming Kenton, built in 1926 and comprised of 15 spacious 1 and 2 bedroom units , is perfectly situated along a residential street one block east of the trendy 15th Avenue- home to a collection of quaint boutiques, grocery stores, restaurants, coffee shops- and just across the street from Kaiser Permanente Hospital. Three blocks northwest along 14th Avenue is the historic “Millionaire’s Row” with pristine, tree-lined streets and gorgeous million dollar homes. A stone’s throw further north is the 48-acre Volunteer Park- home to sprawling fields which play host to a number of outdoor recreational activities, summer concerts, and theater. The park’s historic nature conservatory and water tower are added attractions along with incredible views of the Seattle skyline and Space Needle.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 13 | £1,453 | 575 |
| 2+1 | 2 | £1,898 | 725 |
PROPERTY TAXES
| Parcel Number | 180690-0315 | Improvements Assessment | £801,565 |
| Land Assessment | £1,773,244 | Total Assessment | £2,574,808 |
PROPERTY TAXES
