712 N 143rd Street Seattle, WA 98133

The Windchime is a 14-Unit Apartment Building ideally situated just 1.5 miles to the Shoreline South/148th St Light Rail Station. This prime asset offers a compelling, high value-add opportunity by increasing rents to market rates and continuing to renovate/upgrade units upon resident turnover. Instant equity and improve the existing 4.27% cap rate to 7.59% by adjusting to market rents and charging for parking, storage & utility bill backs. Thoughtful design and construction enhance the longevity of this enduring multifamily property. The Windchime is a stable, low-maintenance investment poised for both short and long term growth. Unit mix consists of 11 one-bedroom units and 3 two-bedroom units w/ majority of tenants residing 5+ years.