Property Details

3035 64th Ave SW

Seattle, WA 98116

$2,195,000

Available

CBA# 705962 courtesy of CBA Listing firm: Paragon Real Estate Advisors

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Commercial

Property Type

3,960

Bldg Sq Ft

Units

4.00%

Cap Rate

1957

Year Built

Property Overview

We are pleased to present the Surf Apartments, an 8 unit multifamily investment located at 3035 64th Ave SW in the heart of Alki, one of West Seattle’s most desirable and irreplaceable beachfront neighbor-hoods. Less than a block from the shoreline and surrounded by iconic restaurants, cafés, parks, and waterfront amenities, the property is ideally positioned to benefit from strong renter demand, exceptional walkability, and the ongoing popularity of the Alki Beach corridor. Opportunities to acquire apartments in Alki are extremely limited due to the area’s historically low transaction velocity, making Surf Apartments a rare chance to own a high demand coastal asset.Built in 1957 and recently refreshed with extensive building updates, Surf Apartments features efficient one-bedroom layouts