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8008 Greenwood Ave N
Seattle, WA 98103 Greenwood

$2,525,000 USD

Apartments For Sale • 7,310 SF

Property Details

Property Type Apartments
Total Building Size 7,310 SF
Lot Size 0.1 AC
Building Class C
Year Built 1929
Cap Rate 5.62 %
Zoning NC2P-55 (M)

50 Transit Score

70 Walk Score

                
                    Highlights
                
                                Trophy “classic brick” building with old-world character and craftsmanship
                            
                                Well-maintained and tastefully updated
                            
                                Very low historical vacancy
                            
                                Freshly updated common areas
                            
                                Immediate upside in base rent and other income
                            
                                Excellent Greenwood location

Property Flyers

Monterey Apts

Financial Summary (Actual)

Net Operating Income: $141,927 USD (2025)

Cap Rate:

5.62 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Cornell & Associates - Monterey

Public Transportation

Commuter Rail	Drive	Walk	Distance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	16 min	-	8.3 mi
Airport	Drive	Walk	Distance
Seattle Paine Field International	31 min	-	19.2 mi
Seattle-Tacoma International	34 min	-	21.5 mi

Ryan Iles 206-948-3670 Paragon Real Estate Advisors

8008 Greenwood Ave N Seattle, WA 98103 Greenwood