1818 20th Ave, Seattle, WA 98122

Highlights:

• A true “Meter Trifecta” project meeting all three key investment criteria
• Mismanaged / Poor Condition – 32-unit apartment building suffering from neglect and undervaluation
• Renovated and upgraded existing units to restore and reposition the asset
• Maximized income by adding 6 new studio apartments
• 10,000 sq. ft. of excess land positioned for redevelopment
• Developed excess land into 8 modern for-sale townhomes with roof decks and 2-car garages
• Revitalized a Seattle original and enhanced the surrounding neighborhood
• Successfully executed a complex, multi-phase redevelopment project
• Maximized highest-and-best use of the site through strategic redevelopment