Follow the link below to access the full Offering Memorandum and all deal documents.
The U District Townhome Site is located at 4741 18th Ave NE in the University District, and is an entitled development site with plans for 5 townhome units offering a combined 36 rentable bedrooms. This offering provides buyers the opportunity to purchase the property free and clear of existing debt. This offering is priced at $1,600,000.
Ready to Build
The University District is experiencing a renaissance: the University of Washington’s exponential growth over the past decade — particularly in the engineering, computer science, and life sciences fields — attracts top minds to the University and to the area.
The neighborhood is reaping the benefits of the University’s growth. Recently approved upzoning will increase density in the area, while a new light rail station will cut commutes in half. The U District has long been a beloved haunt for students in search of books, coffee, and food, and in the next five to ten years it will continue evolving into the city’s next tech hot spot.
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Kidder Mathews is the exclusive Listing Brokerage for this Offering. Dylan Simon, Jerrid Anderson, and Matt Laird are exclusively representing the Seller in the sale of the University District Townhome Development Site.