Ravenna Park Apartments

2300 NE 54th St, Seattle, WA 98105

  • Excellent Ravenna / University Village location
  • Updated systems
  • Attractive mid-century architecture with decks/patios, ample light, and upper floor ceilings following the roof line
  • Walking distance to UW, Burke Gilman Trail, Ravenna Park, U. Village shopping center, multiple restaurants, grocery, shops, and other retail
  • Near transit connections to Bothell, Kenmore, Lake Forest Park, and a variety of Seattle neighborhoods including Capitol Hill, Green Lake, Lake City, Madrona, Roosevelt, and University District
  • Three carport parking spaces
  • Multiple updated units
  • Seller financing possible
  • Value-add opportunity 
STABILIZED OPERATIONS
EXPENSES/UNIT $6,874
EXPENSES/FOOT $11.40
PERCENT OF GSI
UNITS BUILDING SQFT YEAR BUILT PRICE PER SQ.FT. CAP
9 5,425 SQ. FT. 1954 $2,000,000 $368.66 3.7%