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Updated about 7 years ago, 09/15/2017

Margaret Webb's profile image
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Margaret Webb
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  • from Renton, Washington
  • Member since Dec 27, 2016
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Margaret Webb's profile image
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Margaret Webb
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  • from Renton, Washington
  • Member since Dec 27, 2016
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Margaret Webb
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  • Renton, WA
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Real Estate Deal Analysis & Advice

Cap rate for a small multi family in Seattle?

Margaret Webb
Pro Member
  • Investor
  • Renton, WA
Posted

What is the cap rate for an older built about 80 years old building in downtown Seattle area, specifically Belltown/Queen Area area?  About 15 apartments.  Thanks for any help.  

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    Account Closed's profile image
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    Account Closed
    • Rental Property Investor
    • from Everett, WA
    • Member since Feb 2, 2013
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    Account Closed
    • Rental Property Investor
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    Account Closed
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    • Everett, WA
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    • Everett, WA
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    Those are selling in the 3 to low 4's

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    Antoine Martel
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    Antoine Martel
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    I'd recommend reaching out to some local brokers in your area. Give them a call and ask them what they think about cap rates in your neighborhood. 

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