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712 N 143rd St
Seattle, WA 98133 Bitter Lake

$2,450,000 USD

Apartments For Sale • 12,181 SF

Property Details

Property Type Apartments
Total Building Size 10,280 SF
Lot Size 0.23 AC
Building Class C
Year Built 1983
Cap Rate 4.81 %
Zoning LR3(M)

40 Transit Score

60 Walk Score

                
                    Highlights
                
                                Value-add potential through selective unit upgrades on turnover
                            
                                Opportunity to implement a utility bill-back (RUBS) program to further lift NOI
                            
                                Significant rental upside
                            
                                Copper plumbing throughout
                            
                                New TOP Membrane Roof installed in 2023, upgraded electrical panels in 2024, and window panes replaced in 2025

Property Flyers

Windchime Apartments - Agents

Financial Summary (Actual)

Net Operating Income: $117,797 USD (2026)

Cap Rate:	4.81 %
Total Expenses:	$93,935 USD

Amenities

Dishwasher
Disposal

Public Transportation

Commuter Rail	Drive	Walk	Distance
Edmonds Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	16 min	-	7.1 mi
Airport	Drive	Walk	Distance
Seattle Paine Field International	26 min	-	15.9 mi
Seattle-Tacoma International	37 min	-	24.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	5
Type:	Surface
Included in Rent:	Yes

Michael Urquhart 206-812-9123 Paragon Real Estate Advisors

712 N 143rd St Seattle, WA 98133 Bitter Lake