Convert this motel into a 16 unit apartment complex! Estimated renovation cost at $1,300,000 for an estimated $3,000,000 finished value. Tons of sweat equity to be had as an investment. All numbers provided on rents/financials are an estimate proforma based on a newly renovated complex. There is currently no income on the building. Unit sizes would range from 346 sq ft to 433 sq feet. 4 units in the basement, 6 units on main floor, and 6 units upstairs. Tons of parking available on site. Tax Assessed Value at $1,945,500! Est. value of $3.1M after renovations into a multi-family dwelling are complete.
Elementary School |
Buyer To Verify |
Jr. High School |
Buyer To Verify |
High School |
Buyer To Verify |
AIR |
None |
AREA |
385 - SODO/Beacon Hill |
CONSTRUCTION |
Wood Siding |
HEAT |
Electric |
LOT |
10441 sq ft |
LOT DESCRIPTION |
Corner Lot, Paved, Sidewalk |
MLS STATUS |
Pending |
STORIES |
2 |
STYLE |
56 - 10+ Units |
SUBDIVISION |
Georgetown |
TAXES |
35022 |
UTILITIES |
Sewer Connected |
WATER |
Public |
ZONING |
Commercial |
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/4/25 7:41 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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