Property Details

We are pleased to present Greentree Apartments, an exceptional mixed-use investment opportunity located at 7100 Greenwood Avenue N in Seattle’s Phinney Ridge neighborhood. The property offers investors a rare chance to acquire a legacy asset being brought to market for the ?rst time since its original development. Built as condominiums in 1990 with individual tax parcels already established, the property re?ects a higher standard of construction quality and long-term durability. With the condo mapping already completed, Greentree offers multiple exit strategies typically unavailable in traditional apartment buildings. The asset features an outstanding unit mix of studios, one-bedroom, and one-bedroom plus den apartments, thoughtfully designed to attract a broad tenant base. Highlighting the residential offering is a coveted top-?oor penthouse unit complete with a private rooftop deck, delivering unobstructed views of Green Lake and creating a premium rental opportunity. Complementing the residential component, the ground-?oor retail is fully leased to two established, service-oriented tenants—BabyFace Spa and KAnder Salon—providing consistent income with an average remaining lease term of approximately 4.5 years. Tenant appeal is further enhanced by practical amenities including 30 off-street garage parking spaces and in-unit washer and dryer hookups in each apartment home. Please contact LA for additional information.