Property Details

Linden is an eight-unit multifamily property located in Seattle’s highly desirable Fremont neighborhood, offering residents convenient access to Aurora Avenue, Fremont Avenue’s retail and dining corridor, and notable outdoor amenities including Woodland Park, Gas Works Park, and Green Lake Park. The property features a unit mix of two 1-bedroom/1-bath units and six 2-bedroom/1-bath units averaging 644 square feet, and current ownership has invested more than $200,000 in capital improvements, including a new roof, exterior paint, electrical panel replacements, and interior renovations to six units. With rents currently estimated to be approximately 10% below market and additional upside through increased utility reimbursement, pet rent, and parking income, Linden Apartments offers investors the opportunity to acquire a mostly renovated asset with both in-place stability and further value-add potential.