The Winchester Apartments
605 E Denny Way, Seattle, WA 98122
Property Type Multi-family
Price $4,650,000
Status Active
Property Highlights:
- Excellent Capitol Hill location close to Broadway and Pike/Pine Corridor
- Trophy “classic-brick” property with old-world character and detailing
- Current 5.88% Cap Rate with immediate upside to a 7.28%+ Cap Rate
- Great value: $155,000/unit and $303/NRSF
- 30 units: Mix of large studios, one-bedroom and two-bedroom floorplans
- Well-maintained and updated building with professional management
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