2355 - 2365 Eastlake Avenue E, Seattle, WA 98102

The Yates Apartments is composed of 26 units with all but one being studios units. Most units come with large dens or walk in closets and a charming breakfast bar. All but 2 units have hardwood floors either exposed or under carpets. Several units have views of Lake Union and Gasworks Park. The building offers 4 individual garages, additional private garage for 6 more vehicles and 2 different locations for additional building storage. There is coin operated laundry on site in the main building. The adjacent parcels combine for 12,301 sq ft of NC2-40 zoned land providing a prime redevelopment opportunity

No. Units:
26
Building Size:
11,690 SF
Price/Unit:
$173,076.92
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
4.06%
Gross Rent Multiplier:
14.56
Lot Size:
12,301 SF
  • $182,700

10-year Note at 8%

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