Core-plus Investment Offering | 53 Units Over Retail
Core-plus Investment Offering | 53 Units Over Retail
Fauntleroy Apartments
4801 Fauntleroy Way SW | Seattle, WA 98116
53 Units - West Seattle
4025 Stone
4025 Stone Way N | Seattle, WA 98103
59 Units - Fremont
Fauntleroy Apartments
4801 Fauntleroy Way SW | Seattle, WA 98116
53 Units - West Seattle
4025 Stone
4025 Stone Way N | Seattle, WA 98103
59 Units - Fremont
Core-Plus Portfolio Sale - For Sale Individually or as a 112-unit Portfolio
Colliers presents the Fauntleroy Apartments, a 53-unit, mixed-use community in the West Seattle Junction, walking distance to dozens of dining establishments, watering holes, bakeries, bistros, cafes, grocery stores, and fitness options. Fauntleroy Apartments are accessible from Downtown Seattle via rapid ride bus, water taxi, car, bike, and will be reconnected with the city when the West Seattle Bridge reopens on September 12, 2022. Over the past 12 months, rents have increased an average of 15% in West Seattle, and further increases are projected upon the reopening of the bridge. Four retail tenants operate along Fauntleroy Way and SW Edmunds Street, and have remained successful throughout the pandemic.
Fauntleroy Apartments offers an investor the opportunity to purchase the highest quality and best located workforce housing project in West Seattle, with further upside through rent growth and utility recovery.
4025 Stone Highlights
Walking distance the Silicon Canal, Fremont, and Gasworks Park
91 Walk Score, where daily errands do not require a car
Within five blocks of thousands of high-paying tech jobs, including offices for Google, Tableau, Salesforce, and Adobe
Five blocks from five different bus routes, with easy bus access to South Lake Union, Downtown Seattle, and University of Washington
Senior Vice President
+1 206 223 5586
Tim.McKay@colliers.com
Senior Vice President
+1 206 223 1265
Dan.Chhan@colliers.com
Senior Vice President
+1 206 515 4498
Sam.Wayne@colliers.com
Vice President
+1 206 877 3378
Matt.Kemper@colliers.com
Associate
+1 425 922 3571
Adam Groberman@colliers.com
Senior Vice President
+1 206 223 5586
Tim.McKay@colliers.com
Senior Vice President
+1 206 223 1265
Dan.Chhan@colliers.com
Senior Vice President
+1 206 515 4498
Sam.Wayne@colliers.com
Vice President
+1 206 877 3378
Matt.Kemper@colliers.com
Associate
+1 425 922 3571
Adam Groberman@colliers.com