Views of City of Seattle Skyline, Elliott Bay and the Olympic Mountains
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Potential Cellular Income of $1k+ per month upon T-Mobile Option Exercise
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Washer/Dryer in Units
Description:
The City View Apartments is located in the Leschi Ridge area of Seattle at the corner of 29th and Jackson. Living at City View offers close proximity to the International District, Pioneer Square and Downtown to the West as well as Lake Washington and the community of Leschi to the East. The Leschi Ridge neighborhood offers the advantage of being on a major bus route with direct access to all schools and working cores. Tenants appreciate the easy access to Starbucks, Red Apple Market, Local Library, Hollywood Video and Walgreen’s.
The City View Apartments was built in 2004 as a luxury 28-unit apartment community with one ground floor retail space. The building was designed with decorator colors, elevator and open deck spaces. Two floors of under building parking are provided. Each unit has a spacious floor plan with washer/dryers and kitchens with a full appliance package including built in microwave ovens. Located on the top of Leschi Ridge, the units offer views of Downtown Seattle, Olympic Mountains and Elliott Bay. The spacious floor plans and excellent unit mix make The City View Apartments a prime condo conversion or continued luxury apartment.
Financing:
It is anticipated a buyer will obtain a new loan with 40% down at market interest rates. In the event closing occurs before complete lease-up of the building, short-term seller financing may be available from the seller.
