Land

Miller Park Development Site

122 20th Ave E Seattle, WA United States 98112-5370
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Land Area ()

Property Description

JLL has been exclusively retained for the sale of 122-126 20th Avenue East (the Property or Site). The Property is ideally situated in Seattle’s highly sought-after Miller Park neighborhood, on the eastern side of Capitol Hill. Just minutes

from South Lake Union, the Central Business District, Pike/Pine corridor, and First Hill, the Property offers current and future residents an unparalleled live-work-play destination.


The Property currently consists of two fourplex apartments featuring eight two-bedroom housing units. Future ownership can:

1) develop the Site into new housing; or

2) operate the apartments as-is.


If developed into new housing, future ownership will be able to take advantage of stable cash flow during the entitlement and

permitting process.

Investment Highlights

  • Proximate to Seattle’s top shopping destinations, eateries, nightlife, schools, and parks
  • Quiet residential street
  • Centrally located but removed from the congested core
  • Easy access to multiple transportation options
Last Updated Date: 15 Jan 2021
Corey Marx
Corey Marx
Senior Managing Director
+61283171118
Jordan Louie
Jordan Louie
Director, Capital Markets
+61283171118
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We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.
Last Updated Date: 15 Jan 2021

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