712 N 143rd Street

Seattle, WA 98133

  • Bed

  • Bath

  • 10284 SqFt

  • 1 DOM

  • Built: 1983

  • Status: Active

$3,260,000

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712 N 143rd Street

Seattle 98133

$3260000

  • Bed

  • Bath

  • 10284 SqFt

  • 1 DOM

  • Built: 1983

  • Status: Active

Srinivas Kasam

CEO & Founder

(650)533-3259

The Windchime is a 14-Unit Apartment Building ideally situated just 1.5 miles to the Shoreline South/148th St Light Rail Station. This prime asset offers a compelling, high value-add opportunity by increasing rents to market rates and continuing to renovate/upgrade units upon resident turnover. Instant equity and improve the existing 4.27% cap rate to 7.59% by adjusting to market rents and charging for parking, storage & utility bill backs. Thoughtful design and construction enhance the longevity of this enduring multifamily property. The Windchime is a stable, low-maintenance investment poised for both short and long term growth. Unit mix consists of 11 one-bedroom units and 3 two-bedroom units w/ majority of tenants residing 5+ years.

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