Overview

Highlights

• Well-situated residential setting with nearby amenities & employment drivers
• Spacious units including 3 two bedrooms, 2 one bedrooms and a studio unit
• Current below market rents provide significant future rent upside
• Value-add reposition opportunity

Description

Located in the highly desirable Fremont neighborhood, this well-maintained pride of ownership apartment consists of three 2/1 units, two 1/1 and one studio. These spacious units feature functional layouts, and five of the six units feature private patios. Updates include newer windows and bathrooms, additionally the flooring and kitchens of three of the six units have recently updated. Well positioned between the retail centers retail areas of N 35th St and Fremont Ave N, walking distance to Fremont’s tech center and across the street from BF Day Elementary, Linden 6 conveniently caters to residents who desire an urban lifestyle. Linden 6 offers investor the opportunity to own stabilized asset well located with one of Seattle most desirable neighborhoods. Additional rent upside may be realized through completing of renovations to remaining units in the building.

Location

Located in the highly desirable Fremont neighborhood, Linden 6 has the right mix of residential charm and convenient access to amenities. Boasting a Walk Score® of 90 and positioned between the two main retail areas of N 35th St and Fremont Ave N, residents of Linden 6 are within walking distance from a plethora of unique retail shops, groceries, public library and some of the best local eateries in Seattle. Within a 10- minute walk from the property, Fremont’s tech hub is home to Google, Tableau/Salesforce and Adobe. Additionally, the property is across the street from BF Day Elementary one of the top ranked Seattle schools. BF Day playground is one block away, providing residents with conveniently close outdoor spaces that are becoming an increasingly important amenities among renters. While the Fremont neighborhood is an extremely popular location of its own, it is easily accessible to South Lake Union, Downtown Seattle and the University of Washington. In addition, Hwy 99 and I-5 are within minutes of the property, providing convenient access to the region. Well situated within walking distance to major employment, retail and recreational space, Linden 6 offers a unique, attractive and highly livable location to its tenants.

Contact Broker