sold

Listings/Westward Micros

Westward Micros

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Sold – $2,600,000

This listing has closed. Please visit our Listings page to view apartment buildings and development land currently available for purchase.

Property Summary

Address
4546 Delridge Way SW
Year Built
2013
Units
17
Avg Unit Size
186 SF
Parcel No.
177360-0170

Investment Opportunity

Superior Income Stream

  • Stellar in-place operations
  • Market leading net operating income per SF
  • Room to raise rents further

Long-Term Stability

  • Historical vacancy averaging just 2.8% over the last 2 years
  • Priced below comparable market-rate units = consistent future rent growth
  • Nice, new, affordable units, near great neighborhood amenities

Competition Can’t Compare

  • Micro apartments like Westward can no longer be built
  • Limited supply of existing micro apartments in West Seattle
  • Micros offer the highest rents per SF among all unit types

Superior Income Stream

Long-Term Stability

Competition Can’t Compare

Location

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Westward Micros

4546 Delridge Way SW
Seattle, WA 98106
Units: 17
Price: $2,600,000

About the Area

West Seattle offers renters an escape from Seattle’s bustling core without sacrificing proximity to job centers and an urban lifestyle.

Westward Micros is located along the Delridge Way corridor, providing a mix of community spaces and quiet residential living. An escape from Downtown Seattle’s concrete jungle, residents can walk to the local library branch, multiple parks, and local favorites like Pearl’s Tea & Coffee.

“The Junction” — one of West Seattle’s thriving commercial centers — is at the fingertips of Westward residents, while downtown Seattle is just a bus or water taxi ride away. For those focused on the long term, the Link light rail expansion will reach West Seattle by 2030.

15,937

Population — 1 mile radius

$98,530

Avg Income — 1 Mile Radius

38

Avg Age — 1 Mile Radius

Contact Us

Exclusive Listing Brokers

Kidder Mathews is the exclusive Listing Brokerage for this Offering. Jerrid Anderson, Matt Laird, and Brandon Lawler are exclusively representing the Seller in the sale of Westward Micros.

       

Direct: 425.736.5516