Follow the link below to access the full Offering Memorandum and all deal documents.
A 85 Unit Pre-TCO Opportunity Zone Apartment Building offered for sale before occupancy to maximize Opportunity Zone benefit to buyer.
Thursday, April 1, 1:00-3:00 PM
Friday, April 9, 1:00-3:00PM
Thursday, April 15, 1:00-3:00 PM
A BRAND NEW OTHELLO
Othello continues to feed off the growth of South Seattle as the Light Rail line looks to connect the entire Puget Sound. Since the Othello station was built in 2009, we have seen more than 700
Apartment units get absorbed into Othello with a few hundred more on the way. The lightrail has completely changed the landscape of this community from a neighborhood of single-family homes to a bustling multifamily hub north of Rainier.
In this very dense neighborhood, you have the phenomenal Othello Park that is always brimming with joggers and picnickers on sunny days. The new apartments have brought some new ethnic restaurants and the walkable Safeway is just a block away. Looking for new restaurants and amenities is not far, with the hip Georgetown across the 5 and Beacon Hill and Columbia City just a minutes’ ride on the Light Rail.
Currently there are quick connections to the Seattle Airport and employers in Downtown and South Lake Union. As soon as 2023, we’ll see new connections to the entire Eastside Tech Hub via the Light Rail.
NO. OF HOUSEHOLDS (1 MI)
MEDIAN AGE (1 MI)
AVG. INCOME (1 MI)