Westlake Associates, Inc. is pleased to offer the Louis Arms Apartments for sale. This pride-of-ownership classic brick building consists of 24 units and is located in the Pike/Pine Corridor, just steps from the Central Business District. The location and charm of the building have historically rewarded the owner with a lower vacancy rate.
The Louis Arms Apartments is located in Seattle’s urban and vibrant Pike/Pine Corridor. It is only blocks from Seattle University and several premier medical facilities that employ over 30,000 people. The area provides easy access to I-5 and I-90 which affords short commute times to all areas of Seattle and the Eastside. Residents enjoy easy access to Broadway Avenue offering some of the best shopping in Seattle. The Louis Arms Apartments offers the investor a rare opportunity to own a quality property in a exceptional area.
The Louis Arms Apartments was built in 1925 and consists of 24 well maintained studio units, most of which have a small sleeping room. This 1925 classic brick building has several updates that include: it has been mostly re-plumbed, has central hot water and individual forced-air gas furnaces. In addition, the owner has installed new low-flow toilets, energy efficient lighting, carpet and painted the common areas.
