Property Details

4046 8th Ave NE

Seattle, WA 98105

$3,200,000

Pending

CBA# 710663 courtesy of CBA Listing firm: Kidder Mathews

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Commercial

Property Type

5,686

Bldg Sq Ft

Units

5.00%

Cap Rate

2018

Year Built

Property Overview

U Studios offers a rare investment opportunity in Seattle’s highly desirable U-District, just blocks from the University of Washington, The Ave retail corridor, and the U District light rail station, providing tenants exceptional access to campus, jobs, dining, and entertainment. The property features high-end unit finishes and modern building systems, including an innovative solar thermal energy system that delivers highly efficient heating and hot water. With strong in-place operations generating immediate, reliable cash flow, U Studios presents an ideal 1031 exchange opportunity in a location where few properties match its combination of quality, scale, and performance.