About this home

Premier 20,000sqft University of Washington development site on Greek Row. Flat, no SIP'S (street improvements), and big views. One block walk to campus entrance. Consultant reports attached and full Due Diligence package available upon request. Entitlements for a +/-150 unit student housing building are in the final stages of reviews with Seattle Department of Construction and Inspections (SDCI). Current monthly income from Diamond Parking Lease. Building is occupied by a non-profit and receives a substantial property tax exemption (20 day notice to vacate).

Property details

Water source: Available
Sewer: Available
Utilities: Electricity Connected

Estimate your monthly payment

$42,222/mo

Principal & interest: $42,222

Down payment (20%) $1,670,000 Interest rate (%) Loan term (years)

Loan amount $6,680,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Seattle, WA 98105

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Alchemy Real Estate— Michael Brewer.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

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