Investment Highlights
- Prime Location & Ideal Walkability: Situated within walking distance of Seattle's largest employers, including Amazon's world headquarters, Anthropic, Google, Meta, and others.
- Light Value-Add Opportunity: All units are well-positioned for light cosmetic upgrades to further enhance rental income.
- Strong Economic Fundamentals: Located at the doorstep of Amazon, Anthropic, Meta, Google, and Allen Institute, within South Lake Union's rapidly expanding life science and technology hub.
- Attractive Unit Mix: Offering a collection of open one-, traditional one-, and two-bedroom homes averaging ±618 square feet. Five live / work lofts are located at street level with private entrances. Well-appointed homes feature fully equipped kitchens with built-in microwaves and under-cabinet lighting, air conditioning, and oversized windows to maximize natural light.
- Discount to Replacement Cost: Offered at a significant discount to replacement cost. South Lake Union remains a high barrier-to-entry submarket due to construction, financing, and entitlement costs, creating a meaningful advantage for an existing, stabilized asset.
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