Seattle Apartment Team

University Way Development Site

5229 UNIVERSITY WAY NE

University-Way-development-seattle-apartment-team-mckay-chhan

Purchase Price $3,800,000

  • Prime Location - Located on “The Ave” just 5 blocks from the University of Washington Main Campus with more than 51,000 students and faculty.
  • Light Rail Access - 5 Blocks from the U-District Light Rail Station Opening 2021.
  • Ideal Zoning - Zoned NC3P-65, this parcel was not part of the U District rezone thus not subject to mandatory affordable housing fees.
  • Highly Desirable Submarket - UW Ranked No. 10 in the world in Shanghai Jiao Tong University’s 2015 Rankings.
  • Urban Village Overlay - University District Urban Center – no parking required.
  • Alley Access - Easy construction access and fewer setbacks.