3023 20th Ave W
Property Description
Magnolia Place Apartments presents the opportunity to acquire a 17-unit multifamily asset at 3023 20th Avenue West. The property consists of one 11,712 SF building constructed in 1991 and offers a well-established residential investment in Seattle’s Magnolia submarket. With LR3(M zoning, this three-story property provides investors with a solid existing apartment community in a sought-after multifamily category. Magnolia Place Apartments combines scale, straightforward ownership of a single-building asset, and enduring residential appeal, making it a compelling consideration for investors seeking a multifamily holding within Seattle.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $4,195,000 |
| No. of Units: | 17 |
| Year Built: | 1991 |
| Lot Size: | 0.28 Acres |
| Opportunity Zone: | No |
| Price per unit: | $246,765 |
| Property Website | Click Here |
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