Premier Investment Opportunity: Charbern Apartments in Seattle, WA
Are you looking for a standout investment opportunity in one of Seattle’s most sought-after neighborhoods? Look no further than the Charbern Apartments, a timeless gem located in the heart of Capitol Hill. Priced at $13,500,000, this property offers a rare combination of historic charm, modern upgrades, and significant upside potential.
Why Charbern Apartments?
?? Immediate Management Upside: The property is currently operating at a 57% expense load, presenting a clear opportunity to optimize operations and increase profitability from day one.
?? NOI Growth Potential: With light unit upgrades, you can boost the Net Operating Income (NOI) to an estimated $962,419, enhancing the property’s value and delivering strong returns.
?? Historic Charm with Modern Systems: The Charbern Apartments seamlessly blend timeless historic appeal with upgraded systems, offering residents a unique living experience while ensuring operational efficiency.
?? Prime Capitol Hill Location: Situated in the quintessential Capitol Hill neighborhood, the property is within walking distance to downtown Seattle. This highly desirable location attracts a diverse tenant base, including professionals, students, and creatives, ensuring strong demand and occupancy.
Ready to Explore the Opportunity?
For more details and to explore the full potential of this investment, visit buycharbernapartments.com. Download the full marketing package to dive deeper into the financials, property features, and neighborhood highlights.
?? Contact Our Team:
Don’t miss out on this exceptional opportunity. Reach out to the listing team:
The Charbern Apartments represent a rare chance to own a piece of Seattle’s vibrant Capitol Hill neighborhood while unlocking significant value through strategic improvements. Act now—this opportunity won’t last long!
If you want to enter the next real estate cycle a big winner, you can READ ON
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