Pacific Crest Real Estate is pleased to be the exclusive listing agent for Oak Springs Suites. Oak Springs Suites is an 7-unit + Office apartment community located at 709 N 95th St in Seattle's Greenwood neighborhood and is located just blocks from the Greenwood Ave N retail corridor and minutes… Read More from Green Lake, Phinney Ridge, and North Seattle College. Built in 1990, the property offers a diversified unit mix of studio, one-, two-, and three-bedroom homes with meaningful in-place rental upside. With rents trailing market 10%, and room for further rent growth through capital improvements, Oak Springs Suites presents a clear value-add opportunity for a new investor to drive NOI through lease-up of below-market units, a light capital improvement program, and ongoing operational stabilization. Read Less
Listing courtesy of Pacific Crest
Listing Snapshot
Cumulative Days Active
37
Last Updated
Property Type
Multi Family
Square Ft.
5,828
Lot Size
0.15 Acres
Year Built
1990
Property Tax
$20,942
MLS Number
2589046
Additional Details
Building
Built in 1990, Built in 1990 (effective), 2 stories, Construction Materials: Stucco
Cooling
None
Expenses
Electric: $1,132, Insurance: $6,213, Other Expense: $20,115
Exterior Features
Stucco
Floors
Vinyl Plank, Carpet
Foundation
Poured Concrete
Garage
8 spaces
Heating
Baseboard
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $180,780, Net Operating Income: $108,464
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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