Address: 800 Queen Anne Avenue N, Seattle, WA 98109
City: Seattle
State: WA
Zip: 98109
County: King
Description
Amazing opportunity to acquire a 49 unit, fully renovated trophy asset with value-add opportunities. Built in 1958 and extensively renovated in 2019, the Val Anne offers highly sought after classic mid-century modern units. Great unit mix of Studio, 1BD, 2BD and 2 penthouse units. 19 units have views of the City Skyline and Puget Sound, in addition 9 units enjoy private balconies. The two Penthouse units are in a league of their own with sweeping views of the city and sound. This is an exceptional opportunity for a new investor to acquire a top-quality investment that will continue to appreciate over time. Currently the rents are approximately 10% below market rates.
Property Map
From I5S take exit 167 for Mercer St toward Seattle Center. Straight on Mercer. Right on Queen Anne Ave N. Straight on Queen Anne N. Property is on the right.
Listing # Courtesy of Cathy Jeney of Paragon Real Estate Advisors. Last Updated: November 13, 2024.
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