Major price improvement. $155,000/unit and Proforma 7.28% cap rate with conservative market rents! The Winchester Apartments offer a singular opportunity to own a true trophy asset with a rich history in one of the finest rental locations in the city of Seattle. The property has been lovingly cared for by past owners and is in great condition with a very stable occupancy history. New ownership will benefit from strong future rent growth and appreciation and has several options to realize immediate income upside and ways of adding value.
Listing Provided Courtesy of Ryan Iles, Paragon Real Estate Advisors
General Information
NWM2429318
Multi Family
5
DOM
5196.71 SqFt
15325
1927
King
Residential Incom
Multi Family
Listing Provided Courtesy of Ryan Iles, Paragon Real Estate Advisors
Krishna Realty data last checked: Sep 09, 2025 12:52 | Listing last modified Sep 04, 2025 21:36,
Source:
Major price improvement. $155,000/unit and Proforma 7.28% cap rate with conservative market rents! The Winchester Apartments offer a singular opportunity to own a true trophy asset with a rich history in one of the finest rental locations in the city of Seattle. The property has been lovingly cared for by past owners and is in great condition with a very stable occupancy history. New ownership will benefit from strong future rent growth and appreciation and has several options to realize immediate income upside and ways of adding value.
