2851 Eastlake on Lake Union
127-Unit Mixed Use Apartment
Condominium development with a number of amenities, in close proximity to Lake Union. All units are two-bedroom, two- bathroom. Analysis includes current Market Value and Bulk Value At Completion. At client’s request, each floor plan was also valued individually on an At Completion basis.
Seattle
Eastlake Waterfront
Four-story with one level
of underground parking
45 two-bedroom units and two
guest suites
For Mutual of Omaha Bank
Wilshire Cove Apartments
118-Unit Apartment Complex
Complex comprised of 14 wood frame buildings. Analysis included a number of recent Sale Comparisons, subject income and expense information, income and expenses reported for comparable properties, and market capitalization rate indications.
Lynwood
Just North of Seattle
14 two and three-story buildings
Built in 1967
6.75-acre site
For Wells Fargo
Proposed On the Park Apartments
268-Unit Mixed Use Apartment Project
Eight-story mixed use apartment building with ground floor retail. Majority of the ground floor has been pre-leased to a grocery store, with rent to be paid in advance. 615 sf of retail space remain to be leased.
Seattle
Ballard Neighborhood
214,063 sf residential NRA
18,000 sf site