709 N 95th St, Seattle, WA 98103
- $1,550,000
- 6,856
- SqFt
Listing Broker: Pacific Crest; Alan Wileman; 559-679-7128; alan.wileman@pacificcrestre.com
- List Price
- $1,550,000
- Status
- ACTIVE
- MLS#
- 2589046
- Days on Market
- 3
- Style
- 55 - 5-9 Units
- Finished SqFt
- 6,856
- Area Total SqFt
- 6856
- Annual Tax Ammount
- 20942
- Lot Size (sq ft)
- 6,325
- Sewer
- Sewer Connected
Property Description
Pacific Crest Real Estate is pleased to be the exclusive listing agent for Oak Springs Suites. Oak Springs Suites is an 7-unit + Office apartment community located at 709 N 95th St in Seattle's Greenwood neighborhood and is located just blocks from the Greenwood Ave N retail corridor and minutes from Green Lake, Phinney Ridge, and North Seattle College. Built in 1990, the property offers a diversified unit mix of studio, one-, two-, and three-bedroom homes with meaningful in-place rental upside. With rents trailing market 10%, and room for further rent growth through capital improvements, Oak Springs Suites presents a clear value-add opportunity for a new investor to drive NOI through lease-up of below-market units, a light capital improvement program, and ongoing operational stabilization.
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Additional Information
- List Date
- 2026-10-01 18:05:24
- Community
- Seattle
- Net Operating Income
- $77,561
- Gross Adjusted Income
- $143,254
- Gross Scheduled Income
- $150,648
- Total Monthly Income
- $12,554
- Insurance Expenses
- $6,213
- Water/Sewer/Garbage Expenses
- $15,324
- Gross Rent Multiplier
- 10.29
- Total Expenses
- $65,693
- Cap Rate
- 5
- Vacancy Rate
- 5
- Total Number of Units
- 8
- Unit Name
- 709
- Potential Terms
- Conventional
- Year Built
- 1990
- Roof
- Composition
- Electric Expenses
- 1099
- Other Expenses
- 22115
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Viewlands
- Middle School
- Robert Eagle Staff Middle School
- High School
- Ingraham High
- Total Monthly Income
- $12,554
- Gross Scheduled Income
- $150,648
- Vacancy Rate
- 5
- Gross Adjusted Income
- $143,254
- Tax Year
- 2025
- Insurance Expense
- $6,213
- W/S/G Expenses
- $15,324
- Total Expenses
- $65,693
- Net Operating Income
- $77,561
- Gross Rent Multiplier
- 10.29
- Cap Rate
- 5
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.