Listing courtesy of Windermere Real Estate Co.. Selling Office: North Pacific Properties.
Quintessential high occupancy/ high cap/ low cost UW Greek Row 18-Unit. Zero vacancy for 8+ years. Numbers shown in Listing are 2025 actual. Single Lease rental rate history & rent per bedroom (/18): 2023 Lease $19,400/m no vacancy @ $1078 per bedroom; 2024 Lease $20,400/m no vacancy @ $1133 per bedroom; 2025 Leased $21,470/m no vacancy @ $1193 per room; 2026 same Leased $21,470/m no vacancy @ $1193 per room. Good upgrades to mechanical systems. Residents enjoy giant front porch & formal entry hall, high ceilings & heavy wood trim, grand box beam living room adjacent to main kitchen, wide staircases & open landings, 2nd Kitchen/ 2nd Entry, and the paved alley with 4 parking stalls. Strong income in all seasons, excellent investment horizon by The University.
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