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The Loop at Greenlake
407 NE 73rd St, Seattle, WA 98115
Highlights:
- Developed on land originally acquired as a parking lot, maximizing underutilized site potential
- Boutique 46-unit luxury studios
- High-demand asset in a premier in-city location
- Located in Seattle’s highly desirable Green Lake neighborhood
- Demonstrates Meter’s ability to identify and redevelop overlooked urban infill opportunities
Financials:
- Purchase Price (2017): $1.65 million
- Construction Cost: $7.143 million
- Holding for cash flow
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