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Sophia Apartments
607 W Galer St., Seattle, WA 98119
Highlights:
- Purchased in 2013
- A turn-of-the-century classic located on Upper Queen Anne
- Updated plumbing and electrical systems building-wide
- Incorporated elevated design finishes while preserving historic character
- Renovations drove significant revenue growth and increased overall value
- Sold in June 2015
Financials:
- Purchase Price: $2.7 million
- Cap X: $800,000
- Sale Price: $4.9 million
- Price Per Unit: $408,330
- ROI: 28.35%
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