Rare opportunity to acquire the Alki Surf Apartments, a trophy waterfront asset in the heart of West Seattle's iconic Alki Beach - one of Seattle's most coveted waterfront corridors with unobstruted west facing views of Puget Sound. First time on the market since the asset was originally developed in 1984. 10 large residential units including (6) 2 bed/2 bath units and (4) 3 bed/2 bath units all with private west-facing balconies. This opportunity offers immediate upside with minimal capital investment. In place rents are approximately 20% below market with additional income growth available through the optimization of utility reimbursement and parking income. Recent Capital Improvements include: New Roof, New Windows, Exterior Paint, New Decks and New Gutters. Must see!
Listing Provided Courtesy of Pat Suarez, Urban Commercial Partners, LLC
General Information
NWM2484395
Multi Family
1
DOM
9692.1 SqFt
0
1984
King
Residential Incom
Multi Family
Listing Provided Courtesy of Pat Suarez, Urban Commercial Partners, LLC
Krishna Realty data last checked: Feb 25, 2026 02:13 | Listing last modified Feb 25, 2026 05:07,
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Residence Information
0
Composition
56 - 10+ Units
1984
Elevator, Thermal Win
Features and Utilities
Stucco
Sewer Connected
0
Financial
45450
Cash, Conventional
02-24-2026
Comparable Information
1
1
Cash, Conventional
$6,500,000
$6,500,000
Feb 25, 2026 05:07
Schools
Map
Listing courtesy of Urban Commercial Partners, LLC.
Rare opportunity to acquire the Alki Surf Apartments, a trophy waterfront asset in the heart of West Seattle's iconic Alki Beach - one of Seattle's most coveted waterfront corridors with unobstruted west facing views of Puget Sound. First time on the market since the asset was originally developed in 1984. 10 large residential units including (6) 2 bed/2 bath units and (4) 3 bed/2 bath units all with private west-facing balconies. This opportunity offers immediate upside with minimal capital investment. In place rents are approximately 20% below market with additional income growth available through the optimization of utility reimbursement and parking income. Recent Capital Improvements include: New Roof, New Windows, Exterior Paint, New Decks and New Gutters. Must see!
