The 155 Aloha St Seattle, WA 98109 Apartments is a trophy asset that lies on a large corner lot on the south slope of Queen Anne, one of Seattle’s most coveted multi-family locations.
The 1989 construction building is comprised of nine large two bedroom two bath units that are 1,216- 1,246 square feet and a top floor penthouse unit that is 2,250 square feet featuring a large private deck with panoramic views of Capitol Hill, Downtown Seattle, the Space Needle, and Elliott Bay. The One Fifty Five Aloha Street Apartments has been well-maintained and presents an investor with significant rental upside after completing minor cosmetic upgrades. The property features copper plumbing and additional newer building systems along with a large secured covered garage including 17 parking stalls and ten storage units.
The building is situated on an 8,295 square foot lot zoned LR3 (M) and with a walk score of 96 is only a short walking distance to the Bill and Melinda Gates Foundation, South Lake Union, and all the popular services and amenities that Queen Anne has to offer.
Number of Units: 10
Cap Rate: Current 4.48%/Market 5.38%
155 Aloha St Apartment Building Flyer>>