Created date: September 27, 2024
Date last updated: January 16, 2025
- Score with Proximity: A tee shot away from Interbay Par 3 golf course & driving range, key employment hubs, and popular local amenities.
- Well-maintained & fully renovated asset, offering strong in place income and ease of ownership.
- Current rents, in combination with a desirable unit sizes totaling 4,306 SF are just a couple supporting factors for the property's strong rental history.
- Providing future investors an opportunity to own a true centrally located asset with strong tenant demand for years to come.
Property Description
Lee & Associates NW Multifamily Team is pleased to present the exclusive listing of the Back Nine Apartments, an eight-unit apartment building in West Queen Anne. Centrally positioned between Ballard, Fremont, South Lake Union and Downtown Seattle, Back Nine offers its residents convenient proximity to local amenities and major employers such as Meta, Google, Expedia, and others.
The property features an attractive unit mix consisting of all walk-up style one-bedroom apartments with separate entrances and featuring a spacious average size of 538 sf. The building also offers its tenants a shared back yard space, incorporating a patio and barbecue area.
Units 1, 2, 3, 4, 6, and 7 have undergone significant interior updates, including the removal of outdated cabinetry, flooring, hardware, and plumbing lines, as well as the installation of new luxury vinyl plank (LVP) flooring, soundproofing, and modernized kitchen and bathroom fixtures. Unit 8 has been completely remodeled with new framing, electrical panel, PEX plumbing, and upgraded HVAC systems, ensuring it meets the highest standards for tenant comfort.
Back Nine Apartments makes an excellent investment for investors who are looking to secure a prime location and enjoy ease of ownership with a proven strong tenant base and the luxury of modern systems and amenities in one Seattle’s most centrally located neighborhoods.