Easy Access to Public Transportation/Retail and Jobs.
Description:
The Cedar Lane Apartments are located at 12536 Greenwood Ave. N., Seattle, Washington. The building was built in 1962 and includes 13 one-bedroom units and 3 two-bedroom one-bath units. The units have an average size of 636 square feet. Parking is provided on-site for 16 cars. A common laundry room is also available to the tenants. Additionally, each unit has a complete appliance package. Located along Greenwood Ave. N., the building is located close to public transportation and easily accessible into Greenwood businesses, North Seattle employment centers, Aurora Village, Northgate shopping center, downtown Seattle, Green Lake, and Woodland Park Zoo. This area is quickly becoming one of Seattle’s most sought after locations because of its quick and easy proximity to surrounding jobs and entertainment. The building offers investors a chance own a well maintained building with a terrific location and offers tenants a convenient location close to jobs, entertainment and transportation. The vacancy rate in North Seattle has been steadily declining and is currently below 5% according to Dupree and Scott.
