My Company's Active Listings

$2,600,000 (USD)
Pending

University District Area Multifamily

Pending

4738 17th Avenue NE Seattle, WA 98105

Bed
0 Baths
5186 sqft
MLS# 2427494
Clear & Present 8.0 Cap Rate ~ Welcome to Madison Manor. Quintessential high occupancy/ high cap/ low cost UW Greek Row 18-Unit. Leased to same group w/ zero vacancy 5+ years & pre-leased till August 2027 w/ All Deposits & Cosigners. Numbers shown in Listing are 2025 actual. Exemplary condition: four levels sprinkler system serviced yearly, all newer double windows, commercial furnace 2022, all copper inside, good electrical panel/ wiring/ roof/ commercial water tank, RRIO certified by city Dec 2023, pro exterior paint 2019, new kitchens & baths & flooring 2020, full Inspection Reports available. Madison Manor retains 80+% of GSI year after year, by UW Main Entrance w/ prestige of high demand for 17th Boulevard Greek Row. Smart groups seek the giant front porch & formal entry hall, high ceilings & heavy wood trim, grand box beam living room adjacent to main kitchen, wide staircases & open landings, 2nd Kitchen/ 2nd Entry for Duplex Use, paved alley w/ 4 parking stalls, etc. Key Factor is Room Size: 3 medium + 15 giant Bedroom's, some 200+ sqft, some w/ dual sleeping alcoves, all to attract & retain this proven 2025-2026-2027 $1192/m per unit. Prior 2025 Buyer applied for 25% Down; was approved @ 40% Down/ 7.0% IR fixed for 30 yrs. This DSCR Loan is appraised & avail to you = turn key 8-10% cash flow & ROI. Other comm loans avial too. It's unusual to see zero vacancy & NOI at 80% over five years, for Madison Manor it's business as usual by the University.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Windermere Real Estate Co. / Matthew Townsend
$2,595,000 (USD)
Pending

Manson Area Residential

Pending

96 Clearwater Lane Manson, WA 98831

3 Bed
4 Baths
2840 sqft
MLS# 2515574
Welcome to 96 & 78 Clearwater Lane! An exceptional waterfront estate on the sunny north shore of Lake Chelan! Two parcels are included, offering 182 ft of waterfront (per assessor) with 2 high-quality docks, a Sunstream 10K boat lift, 2 Sunstream jet ski lifts, and an additional permit for lift & buoy(permit likely expired) on the second dock. Enjoy stunning outdoor living spaces including covered decks, paver pathways, mature landscaping, terraced walls, a Marquis hot tub, and a beautiful lakeside gas firepit, perfect for entertaining. This private high quality stucco home with tile roof has been extensively updated over the years including kitchen remodel (cabinets, counters, appliances) updated flooring, interior/exterior paint, new hardware, blinds, dual HVAC systems, 3 remodeled baths, updated railings & stairs, major landscape improvements, and much more! The home is light & airy with expansive view windows & a functional layout offers living space, a bedroom or den, and baths on each of the 3 levels. Home comes Turn-key and fully furnished with quality furniture & furnishings making this home move in ready! The additional parcel provides a ton of extra lakeside recreation space and an abundance of parking on the freshly graveled parking area with power post for RV. Spacious 1-car garage with ping pong table, ice maker, and a new lakeside storage shed complete this rare Lake Chelan offering.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Windermere Lake Chelan-Downtown / Rhett Crow