Opportunities are Abundant! The Magnolia Portfolio offers a new investor the ability to acquire a 5 building assemblage suitable for a value add opportunity located in a core Seattle area. The current arrangement offers 41 residential units plus 2 commercial spaces and a single family house. All together the assemblage represents 48,462 square feet of LR3 (M) zoned dirt. The property is suitable for immediate development as multiple asset types depending on need allowing a new owner to operate the assets "as is" while navigating the permit process to maintain cash flow.
Listing Provided Courtesy of Michael Urquhart, Paragon Real Estate Advisors
General Information
NWM2446245
Multi Family
3
DOM
1.11 acres
25724
1947
King
Residential Incom
Multi Family
Listing Provided Courtesy of Michael Urquhart, Paragon Real Estate Advisors
Krishna Realty data last checked: Oct 23, 2025 04:26 | Listing last modified Oct 20, 2025 18:31,
Source:
Opportunities are Abundant! The Magnolia Portfolio offers a new investor the ability to acquire a 5 building assemblage suitable for a value add opportunity located in a core Seattle area. The current arrangement offers 41 residential units plus 2 commercial spaces and a single family house. All together the assemblage represents 48,462 square feet of LR3 (M) zoned dirt. The property is suitable for immediate development as multiple asset types depending on need allowing a new owner to operate the assets "as is" while navigating the permit process to maintain cash flow.