Seattle at Sunset from

Queen Anne Hill

Investment Summary

The Bertona Steps luxury multifamily investment opportunity was completed in 2018 and offers a coveted location and modern units with designer finishes and energy efficiency.

Rooted on the Western Side of Queen Anne, the convenient location provides easy access to the lifestyle amenities and employment opportunities of Greater Seattle.

Property

Overview

Comprised of four loft apartments ranging from 771 square feet to 808 square feet, and four two-bed, one-bath units each 1,020 square feet. The units feature high-end design elements, including oversized windows, plank flooring, stainless steel appliances, in-unit washer/dryers and air conditioning, quartz countertops, and more.

Investment

Features

Bertona Steps is a four-story multifamily asset built upon a 5,550-square foot site. The modern design, and central location provides a sought after Queen Anne address. 

Market & Submarket

Report

Puget Sound Region​

Known as one of the most economically robust metropolitan areas in the United States, the Puget Sound is coveted for its scenic coastlines, bustling urban ports and as the new tech hub of the West Coast.

Floorplans

Offering Price

$3,750,00.00

Location

3402 15th Avenue

West Seattle, WA 98119

Cap Rate

Actual       Proforma   

3.9%.            4.5%

Occupancy

100%

Zoning

NC3-55 (M)

Total Land

±5,550 SF (±0.127 AC)

Property Overview

Comprised of four loft apartments ranging from 771 square feet to 808 square feet, and four two-bed, one-bath units each 1,020 square feet. The units feature high-end design elements, including oversized windows, plank flooring, stainless steel appliances, in-unit washer/dryers and air conditioning, quartz countertops, and more.

STEP INTO SEATTLE

Bertona is less than a five minute commute to the RapidRide D line, as well as the future Interbay Light Rail Station.

Providing easy access to Magnolia, Ballard, and downtown Seattle, Bertona Steps is in close proximity to area amenities, such as grocery stores, restaurants, shopping, and entertainment, as well major employers such as Amazon, Google, Facebook, Microsoft, and more. The forthcoming Expedia campus is also nearby, less than 10 minutes by car.

01

RENT ROLL

02

INCOME

03

EXPENSE

Together the capabilities are endless. Find out about our asset management offering.

Beyond the Investment

AGM | LEE & ASSOCIATES

Together the capabilities are endless. Find out about our asset management offering.

Beyond the Investment

AGM | LEE & ASSOCIATES

Offering Price

Location

3402 15TH AVENUE W, SEATTLE, WA 98119

Occupancy

100%

Zoning

NC3-55 (M)

Total Land

±5,550 SF (±0.127 AC)

Bertona Steps 
Luxury Single Family Investment Opportunity
Seattle, WA

Troy Gessel | Principal
tgessel@lee-associates.com

425. 301. 4422

© 2021 Bertona Steps | A Phillips Real Estate Premiere Property

AGM | Lee & Associates

170 120th Ave NE, Suite 203, Bellevue, WA 98005