Seattle

Eastlake Waterfront

  • Four-story building with one level of underground parking
  • 45 two-bedroom units and two guest suites

For Mutual of Omaha Ban

2851 Eastlake on Lake Union
127-Unit Mixed Use Apartment

Condominium development with a number of amenities, in close proximity to Lake Union. All units are two-bedroom, two- bathroom. Analysis includes current Market Value and Bulk Value At Completion.  At client’s request, each floor plan was also valued individually on an At Completion basis.

Seattle

Eastlake Waterfront

  • Four-story building with one level of underground parking
  • 45 two-bedroom units and two guest suites

For Mutual of Omaha Ban

Lynnwood

Just north of Seattle

  • 14 two and three-story buildings 
  • Built in 1967 
  • 6.75 acre site

For Wells Fargo

Wilshire Cove Apartments
118-Unit Apartment Complex

Complex comprised of 14 wood frame buildings.  Analysis included a number of recent Sale Comparisons, subject income and expense information, income and expenses reported for comparable properties, and market capitalization rate indications.

Lynnwood

Just north of Seattle

  • 14 two and three-story buildings 
  • Built in 1967 
  • 6.75 acre site

For Wells Fargo

Seattle

Ballard Neighborhood

  • 214,063 sf residential NRA
  • 18,000 sf site

Appraisal of Leasehold Value

 

Proposed On the Park Apartments
268-Unit Mixed Use Apartment Project

Eight-story mixed use apartment building with ground floor retail.  Majority of the ground floor has been pre-leased to a grocery store, with rent to be paid in advance.  615 sf of retail space remain to be leased.

Seattle

Ballard Neighborhood

  • 214,063 sf residential NRA
  • 18,000 sf site

Appraisal of Leasehold Value