MadCap 6

Project Details

Colorful 6 Unit Townhome Development

111 20th Ave E, Seattle WA 98112

47 North sourced this opportunity off-market and jointly developed the project with  the former Playhouse Design Group.  These homes featured edgy design elements with polished concrete on the main living level, two bedrooms and guest bath on the second level, a full-floor master suite, topped off with private rooftop decks.

Features

Project/Unit Features

  • All homes contain 3-bed, 2.5 baths, and private rooftop decks
  • Mini split a/c supplemented by in-floor radiant heat
  • Full floor master suites

Sales Highlights

  • Entry level pricing at early stages of Seattle market recovery has allowed for significant buyer appreciation

By The Numbers

Acquired - 2012

Sold - 2013

Built/Renovated - 2013

Lot SF - 6,786

Zoning - LR3

Building SF - 9,180

Building Breakdown – 6 3-Bed Townhomes

Investment Type - Spec Build

Investment Duration - 1yr

Target Investment Return -

Interesting Project Fact – 

Project Team

Developer: 47 North

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