Beacon Flats presents a compelling investment opportunity: a 17-unit apartment community ideally situated in Seattle’s vibrant North Beacon Hill neighborhood, just a short walk from the Beacon Hill Light Rail Station. Built in 1957 and renovated in 2017, this three-story brick-veneer building combines classic charm with modern convenience. The property features a unit mix of studios, one-bed, and two-bed apartments, each offering functional layouts and in-unit washer/dryer amenities. Operating at near-full occupancy year-round, Beacon Flats demonstrates strong tenant demand. Current rents average $1,678, below the area’s market average of $1,776, highlighting immediate upside potential through strategic rent adjustments.
Listing Provided Courtesy of Tyler J. Bretz, Urban Commercial Partners, LLC
General Information
NWM2440780
Multi Family
1
DOM
6608.05 SqFt
8580
1957
Multi-F
King
Residential Incom
Multi Family
Listing Provided Courtesy of Tyler J. Bretz, Urban Commercial Partners, LLC
Krishna Realty data last checked: Oct 03, 2025 14:35 | Listing last modified Oct 02, 2025 22:02,
Source:
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Residence Information
8580
Flat
56 - 10+ Units
1957
Poured Concrete
Features and Utilities
Brick, Wood
Public
Sewer Connected
0
Financial
29210
Cash Out, Conventional
10-02-2025
Comparable Information
1
1
Cash Out, Conventional
$4,700,000
$4,700,000
Oct 02, 2025 22:02
Schools
Map
Listing courtesy of Urban Commercial Partners, LLC.
Beacon Flats presents a compelling investment opportunity: a 17-unit apartment community ideally situated in Seattle’s vibrant North Beacon Hill neighborhood, just a short walk from the Beacon Hill Light Rail Station. Built in 1957 and renovated in 2017, this three-story brick-veneer building combines classic charm with modern convenience. The property features a unit mix of studios, one-bed, and two-bed apartments, each offering functional layouts and in-unit washer/dryer amenities. Operating at near-full occupancy year-round, Beacon Flats demonstrates strong tenant demand. Current rents average $1,678, below the area’s market average of $1,776, highlighting immediate upside potential through strategic rent adjustments.
