On the market for the first time in 31 years, the Little Brook Apartments is well positioned in Seattle’s up-and-coming Lake City neighborhood with easy access to the prominent employment centers of Downtown Seattle, South Lake Union, and the Eastside. The property is well maintained and boasts a variety of upgrades including a new roof, dual-pane vinyl windows, and recent renovations to 6 of the 8 units. With an economical price point of $150,000 per unit, or $214 per square foot, and offering a 5.8% cap rate on in-place rent increases, the Little Brook Apartments affords an investor an excellent value.
Current Location
