Property Details

12030 32nd Ave NE

Seattle, WA 98125

$1,280,000

Available

CBA# 709362 courtesy of CBA Listing firm: Kidder Mathews

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Commercial

Property Type

5,334

Bldg Sq Ft

Units

4.00%

Cap Rate

1959

Year Built

Property Overview

The Orca Apartments presents a compelling opportunity to acquire a meticulously maintained, value-add asset in a highly convenient Lake City/North Seattle location. Built in 1959, this low-maintenance three-story brick building with wood-frame construction sits on a ±6,600 square foot lot and combines strong in-place performance with significant upside potential in one of North Seattle’s most connected neighborhoods.The property benefits from a “Very Walkable” walk score of 88, placing residents within easy reach of neighborhood restaurants, cafés, and shops. Outdoor recreation is easily accessible with close proximity to the Burke-Gilman Trail and Lake Washington. Transit connectivity is outstanding, with six bus routes within a 10-minute walk providing direct service to the University o