2621 Eastlake Avenue East Seattle, WA 98102

$2,995,000
0.13
Acres
$2,995,000
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active
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The Foundation Group is pleased to offer the Eastlake Ave E Development Site for exclusive sale. The offering consists of a shovel-ready 54-unit SEDU project in the heart of one of Seattle’s most desirable neighborhoods. The project is perfect for a builder looking to break ground right away for this class A location and modern design. New construction SEDU projects are a highly coveted assets with most units leasing for upwards of $5/net rentable square foot. Back-end sales data supports some of the highest sales metrics for apartments in the industry making this a great design-to-sell project or long term investment.

The Foundation Group is pleased to offer the Eastlake Ave E Development Site for exclusive sale. The offering consists of a shovel-ready 54-unit SEDU project in the heart of one of Seattle’s most desirable neighborhoods. The project is perfect for a builder looking to break ground right away for this class A location and modern design. New construction SEDU projects are a highly coveted assets with most units leasing for upwards of $5/net rentable square foot. Back-end sales data supports some of the highest sales metrics for apartments in the industry making this a great design-to-sell project or long term investment.

  • Neighborhood
  • Type
  • County
    King
  • Area
    390 - Central Seattle
  • Tax Amount
    $15,454
  • Status
    Active
  • Listing #
    2042068
  • Lot Size
    0.13
  • Listed on site
    410 days

Listed by:
The Foundation Group LLC

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2024-04-20 06:13:26. DMCA
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Jan 2, 20244 mos agoPrice increased45,000 (2%)$2,995,000
Dec 19, 20234 mos agoPrice increased50,000 (2%)$2,950,000
Mar 6, 20231 yr agoNew on market$2,900,000
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