{"id":3451,"date":"2021-01-08T13:12:52","date_gmt":"2021-01-08T21:12:52","guid":{"rendered":"https:\/\/www.lee-associates.com\/northwest\/?p=3451"},"modified":"2021-06-25T16:21:31","modified_gmt":"2021-06-25T23:21:31","slug":"case-study-1712-dexter-ave-n","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/northwest\/2021\/01\/08\/case-study-1712-dexter-ave-n\/","title":{"rendered":"Case Study &#8211; 1712 Dexter Ave N | Triplex"},"content":{"rendered":"<div id=\"pl-3451\"  class=\"panel-layout\" ><div id=\"pg-3451-0\"  class=\"panel-grid panel-has-style\" ><div class=\"siteorigin-panels-stretch panel-row-style panel-row-style-for-3451-0\" data-stretch-type=\"full\" ><div class=\"so-panels-full-wrapper\" ><div id=\"pgc-3451-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-3451-0-0-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-113ccd71f3e6-3451\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2021\/06\/1712-Dexter-Ave-W_Case-Study-1024x582.jpg\" width=\"1024\" height=\"582\" srcset=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2021\/06\/1712-Dexter-Ave-W_Case-Study-1024x582.jpg 1024w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2021\/06\/1712-Dexter-Ave-W_Case-Study-300x170.jpg 300w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2021\/06\/1712-Dexter-Ave-W_Case-Study-768x436.jpg 768w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2021\/06\/1712-Dexter-Ave-W_Case-Study.jpg 1500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"1712 Dexter Ave W_Case Study\" alt=\"1712 Dexter Ave N\" \t\tclass=\"so-widget-image\"\/>\n\t<\/div>\n\n<\/div><\/div><\/div><\/div><\/div><\/div><div id=\"pg-3451-1\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-3451-1-0\"  class=\"panel-grid-cell panel-grid-cell-empty\" ><\/div><div id=\"pgc-3451-1-1\"  class=\"panel-grid-cell\" ><div id=\"panel-3451-1-1-0\" class=\"so-panel widget widget_sow-editor panel-first-child\" data-index=\"1\" ><div class=\"panel-widget-style panel-widget-style-for-3451-1-1-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h3><strong><span style=\"color: #009ad9\">Key Deal Points<\/span><\/strong><\/h3>\n<ul style=\"list-style-type: square\">\n<li class=\"p1\">1712 Dexter Avenue N, Seattle, WA<\/li>\n<li>Sales Price: $1,253,250<\/li>\n<li>Listed to closed in 65 days<\/li>\n<li>Multiple offer scenario in a turbulent and uncertain market<\/li>\n<\/ul>\n<\/div>\n<\/div><\/div><\/div><div id=\"panel-3451-1-1-1\" class=\"so-panel widget widget_sow-editor\" data-index=\"2\" ><div class=\"panel-widget-style panel-widget-style-for-3451-1-1-1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p>&nbsp;<\/p>\n<blockquote>\n<p><i>\u201cCandice and Daniel were great to work with. They listen to your goals and provide a plan that pulls it all together with the attention to detail that results in success. We sold a triplex in Seattle and completed and exchange into an 8-unit apartment on Whidbey Island on a short timeline.\u00a0\u00a0 Everything fell into place due to the proactivity of Candice and Daniel to understand and execute on specific timelines.\u00a0\u00a0 If you want to get a project done smoothly and on time Candice\u2019s and Daniel can make it happen.\" <\/i><\/p>\n<p><i>- Scott Sanderson, Client<\/i><\/p>\n<\/blockquote>\n<\/div>\n<\/div><\/div><\/div><div id=\"panel-3451-1-1-2\" class=\"so-panel widget widget_sow-editor panel-last-child\" data-index=\"3\" ><div class=\"panel-widget-style panel-widget-style-for-3451-1-1-2\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p><em>For more information regarding this case study, please contact:<\/em><\/p>\n<p><span style=\"color: #009ad9\"><strong>Candice Chevaillier, CCIM<\/strong><\/span><\/p>\n<p>Principal<strong><br \/>\nD\u00a0 <\/strong>(206) 773-2694<br \/>\ncchevaillier@lee-associates.com<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #009ad9\"><strong>Daniel Lim<\/strong><\/span><\/p>\n<p>Senior Associate<br \/>\n<strong>D<\/strong>\u00a0 (206) 773-2692<br \/>\ndlim@lee-associates.com<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pgc-3451-1-2\"  class=\"panel-grid-cell panel-grid-cell-mobile-last\" ><div id=\"panel-3451-1-2-0\" class=\"so-panel widget widget_sow-editor panel-first-child\" data-index=\"4\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h2><strong>The Challenge<\/strong><\/h2>\n<p>Now based in Snohomish County, this client\u2019s goal was to transition their Seattle holdings and into larger and nearer assets. As finding a good opportunity in the Snohomish market is rare and requires swift action by buyers, this client found and went under contract on the perfect opportunity.\u00a0 With his pending purchase contingent only on their sale of this Dexter Avenue property, they had to move extremely quickly in order to perform the exchange.<\/p>\n<\/div>\n<\/div><\/div><div id=\"panel-3451-1-2-1\" class=\"so-panel widget widget_sow-editor\" data-index=\"5\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h2><strong>Our Approach<\/strong><\/h2>\n<p>Over the years, Candice and Daniel tracked this client\u2019s progress in executing the movement of holdings north, and meeting with him to provide valuations on his buildings and refine his plan, enabling them to act quickly when the right opportunity presented itself.\u00a0 Once they found the right property, 8-units on Whidbey Island, Candice and Daniel swung into action for their client.<\/p>\n<p>Having built up a file on Dexter, they were familiar with the building and were able to quickly prepare it for market. After just a few days on the market, flames were added to the fire when the client was notified that he must waive his contingency on the sale of Dexter due to a competing offer being submitted on the Whidbey property.\u00a0 Candice and Daniel made pricing recommendations and took on an aggressive marketing strategy including multiple buyer and agent email campaigns along with a rooftop calling program.<\/p>\n<p>Working on an expedited timeline, their efforts ultimately resulted in three offers, creating a competitive scenario in which their client was able to choose a buyer that not only offered the strongest terms but also surety of close. Now able to waive all contingencies on the Whidbey property with confidence and proceed in completing the exchange, their client accomplished his objective of moving into a larger, and closer asset.<\/p>\n<\/div>\n<\/div><\/div><div id=\"panel-3451-1-2-2\" class=\"so-panel widget widget_sow-editor panel-last-child\" data-index=\"6\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h2><strong>The Outcome<\/strong><\/h2>\n<p><strong>Listed:\u00a0<\/strong> October 27, 2020<\/p>\n<p><strong>Under Contract:\u00a0<\/strong> 19 days from listing<\/p>\n<p><strong>Closed:\u00a0<\/strong> 65 days from listing<\/p>\n<p><strong>Closed on Upleg:<\/strong> 73 days from listing<\/p>\n<p><strong>Competing Offers:<\/strong> 3<\/p>\n<\/div>\n<\/div><\/div><\/div><div id=\"pgc-3451-1-3\"  class=\"panel-grid-cell panel-grid-cell-empty\" ><\/div><\/div><div id=\"pg-3451-2\"  class=\"panel-grid 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value=\"93d4f21a\"\/>\n\t<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Key Deal Points 1712 Dexter Avenue N, Seattle, WA Sales Price: $1,253,250 Listed to closed in 65 days Multiple offer scenario in a turbulent and uncertain market &nbsp; \u201cCandice and Daniel were great to work with. They listen to your goals and provide a plan that pulls it all together with the attention to detail that results in success. We sold a triplex in Seattle and completed and exchange into an 8-unit apartment on Whidbey&#8230;<\/p>\n","protected":false},"author":39,"featured_media":1965,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[843,6,1,1061],"tags":[],"class_list":["post-3451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-study","category-featured","category-media-center","category-multifamily"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.7 (Yoast SEO v28.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Case Study - 1712 Dexter Ave N | Triplex - Lee &amp; Associates Pacific Northwest<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/northwest\/2021\/01\/08\/case-study-1712-dexter-ave-n\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Case Study - 1712 Dexter Ave N | Triplex\" \/>\n<meta property=\"og:description\" content=\"Key Deal Points 1712 Dexter Avenue N, Seattle, WA Sales Price: $1,253,250 Listed to closed in 65 days Multiple offer scenario in a turbulent and uncertain market &nbsp; \u201cCandice and Daniel were great to work with. They listen to your goals and provide a plan that pulls it all together with the attention to detail that results in success. We sold a triplex in Seattle and completed and exchange into an 8-unit apartment on Whidbey...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lee-associates.com\/northwest\/2021\/01\/08\/case-study-1712-dexter-ave-n\/\" \/>\n<meta property=\"og:site_name\" content=\"Lee &amp; Associates Pacific Northwest\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/nwleeassociates\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-08T21:12:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-06-25T23:21:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2020\/03\/Blog-Headers-1024x576_Case-Study.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"574\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ashley Gaquin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@NWLeeAssociates\" \/>\n<meta name=\"twitter:site\" content=\"@NWLeeAssociates\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ashley Gaquin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/northwest\\\/2021\\\/01\\\/08\\\/case-study-1712-dexter-ave-n\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/northwest\\\/2021\\\/01\\\/08\\\/case-study-1712-dexter-ave-n\\\/\"},\"author\":{\"name\":\"Ashley Gaquin\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/northwest\\\/#\\\/schema\\\/person\\\/9c7412d73ef5a4c0f2a3a46cbe7c6396\"},\"headline\":\"Case Study &#8211; 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