Situated on the western shore of Lake Washington in south Seattle, Rainier Valley is desirable due to its culture, convenience, and community.

$13.575M

Portfolio PRICE

76

UNITS

Rainier Valley

Several of the neighborhoods that comprise Rainier Valley, particularly the ones positioned along Rainier Avenue South, have a history dating to the late 1800s due to the streetcar line that used to connect Downtown Seattle to Columbia City. Today, Rainier Valley is comprised of both pre- and post-World War II construction and is one of the city’s most ethnically diverse communities, most obviously evidenced by a wide array of cultural cuisines.

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Properties may be purchased individually or together as a portfolio

Beach Court

ADDRESS 8630 Rainier Ave S, Seattle, WA
UNITS 23
YEAR BUILT 1960
NRSF ±16,480 SF
LOT SIZE ±19,396 SF
ZONING NC2-55 (M)
PARCEL 352404-9109
ACQUISITION PRICE $4,375,000
ACQUISITION PRICE/UNIT $190,217
ACQUISITION PRICE/SF $265.47
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Crestwood Place

ADDRESS 10500 51st Ave S, Seattle, WA
UNITS 26
YEAR BUILT 1979
NRSF ±19,200 SF
LOT SIZE ±29,210 SF
ZONING LR1 (M)
PARCEL 547620-0210
ACQUISITION PRICE $4,350,000
ACQUISITION PRICE/UNIT $167,308
ACQUISITION PRICE/SF $226.56
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Valley Commons

ADDRESS 8340 Rainier Ave S, Seattle, WA
UNITS 27
YEAR BUILT 1962
NRSF ±20,250 SF
LOT SIZE ±15,041 SF
ZONING LR3 RC (M)
PARCEL 333600-0125
ACQUISITION PRICE $4,850,000
ACQUISITION PRICE/UNIT $179,630
ACQUISITION PRICE/SF $239.51
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Additional Properties in Portfolio


Arbor Woods

A 35-unit rent restricted multifamily community in Seattle, WA. Strong historical occupancy trend over the past 36 months. As of January 2025, the property was 100% occupied. Property is offered free and clear of current financing with multiple years of interest-only financing available.

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