FINAL Package WITHOUT Agent Backpage Info

shannon0220

SOUTHWEST SEATTLE

24-TOWNHOME

DEVELOPMENT

OPPORTUNITY

110xx and 11019 14th Ave SW

Seattle, Wa 98146

Offered by Shannon Renner at Blueprint Sales group/RSVP Real Estate


02

HIGHLIGHTS

GENERAL

Blueprint Sales Group/RSVP Real Estate is pleased to exclusively

offer for sale this southwest Seattle

development site.

This offering will include civil permitting (buyer to pick up and pay

for the issuances) as well as preliminary registered building plans

and preliminary architectural concept plans. Buyer to submit for

building plan approvals and pay for building plan issuances.

The site is located in a highly emerging community with easy

access to all the major arterials. A buyer should be able to start

site development Fall 2021 and be ready for market in late

Spring/Early Summer 2022.

Offering Price: $2,950,000

59,670 SF flat lot (2 parcels) in an established residential neighborhood

Civil Permits included in this offering (buyer to pick up and pay for

them) with an estimated September 2021 issuance.

Building permits are not included. To-date architectural plans are

90% completed and will be supplied to the buyer for all 8

buildings of this 24-townhome project. Ryan Rhodes Design is the

architect. Plan update opportunities are still available for the

buyer to do on their own.

May 2021

Buyer is able to start breaking ground Fall 2021!!

All information has been secured from sources we believe are reliable, but we make no representations as to the accuracy

of this information. Buyer must verify all information.


DETAILS

OFFERING

A tremendous development opportunity being

offered in the emerging community of southwest

Seattle. This 24-townhome community lies in an

established residential neighborhood within walking

distance of many services and amenities.

03

This offering includes the seller obtaining civil

permit issuances with the buyer picking up the final

civil permits. This offering also includes all

previously submitted or conceptualized building

plans which are over 90% completed. Final Building

Permits are not included.

There are 8 buildings to this community...all

designed by Ryan Rhodes Designs. Currently,

building 2 has conceptual designs drawn for those 3

homes. The other 7 buildings are ready for code

updates and then submittal/resubmittal.

The plans that have been designed for this

community are 3+ bedroom townhomes that are

designed around today's modern buyer. Plans

range from 1600 - 2000 SF. Most include garages

and some include rooftop terraces or covered

balcony spaces. The site plan itself offers a

community gathering space adjacent to an

attractive culdesac entrance.

Offers are now being accepted on this

opportunity. Additional information is

available for review

Real Estate Listing Presentation May 2021


04

SEATTLE

SOUTHWEST

HIGHLIGHTS

COMMUNITY

Market Pricing & Affordability

The southwest Seattle area is consistently seeing an over

8% YOY average market pricing increase. Market demand

is driving this area. There are 150+ new housing starts still

coming with the help of the latest upzoning changes.

One of Seattle's largest master planned communities,

Greenbridge, has helped escalate pricing for developers

in this area while also creating a sense of place for

community members. When Greenbridge is completed,

there will be over 3000 residents living there.

Greenbridge is located within a mile of this site.

Reputable builders such as Greenbuild, Sage Homes, Eco

Builders, Conner Homes , Blue Fern Homes, MRN Homes

and BDR Homes have recognized this area's growth

opportunity with their own projects. The downtown core

area of White Center is seeing many new construction

townhome projects come to fruition.

Local Business Growth

Many well-known Seattle business owners are either relocating

or adding additional locations within this area.

Names such as Lil Woody's, Drunky Two Shoes, Full Tilt Ice

Cream, Bizarro Italian Cafe, Target, Mod Pizza, Bed Bath

and Beyond, Fresh Flours and so many more can be found

in this community. The Westwood Village Shopping

Center incurred a tremendous facelift and has been a

shopping destination for most of the area community. This

development opportunity is within a 2 mile radius.

Community members enjoy the Westcrest off-leash dog park,

Healthy Outdoor Spaces

go swimming at Lincoln Park's outdoor saltwater waterfront

pool or catch a game at the Steve Cox memorial Park. Alki

Beach is only a 12 minute drive. Both walkable and safe,

southwest Seattle provides many gathering spaces for its

community members.


05

Alki Beach

Greenbridge

Westwood

Shopping Center

Development

Site

Development

Site

Downtown

Seattle

Bellevue

Development

Site

Location, Location

Location,

This 24-townhome location is perfect for telecommuters (SeaTac is only 14 minutes away), as well as

downtown Seattle and Bellevue commuters. Many Microsoft and Amazon workers have been relocating to

the southwest Seattle area based on its offerings of affordability, walkability, accessible greenspaces and

water amenities.

Both Microsoft and Amazon operate shuttle services. King County Metro has just installed 2 Rapid C-Line

stops within a 4 minute drive from this location. This area is also set for the Rapid H-Line route in 2022.

The West Seattle Water Taxi System is only 10 minutes and takes riders on a quick 10 minute ride to

downtown Seattle. The Fauntleroy Ferry Terminal is 7 minutes to the west and takes riders to both Vashon

Island Real Estate as well Listing as the Presentation Olympic Peninsula. Lastly, the Tukwila Light Rail Station is only a 12 minute drive May from 2021

this future community.


06

2 Tax Parcels Included

Parcel # 345100-0370 is 39,520 SF

Parcel # 345100-0380 is 20,150 SF

Total SF is 59, 670

Dimensions: 195' Frontage x 309' long

Zoned: R-24


07

501

502

503

403

402

SITE PLAN

401

304

303

302

301

101

102

103

104

601

602

203

202

201

603

Community Green Space

701

702

801

802

Buildings 1 and 3 are the same plans. Type A Plan. 3 bed + 2.5 bath + 1 car garage +

1600 Ave SF. 8 total Units of this plan type. Plans are registered with the county and need

to be updated with the new code changes and resubmitted for approval.

Buildings 4, 5, and 6 are the same plans. Type B Plan. 3 bed + 2.5 bath + 1 car garage +

1710 Ave SF. 9 total units of this plan type. Plans are not yet registered with the county and

need to be updated with the new code changes and submitted for approval.

Buildings 7 and 8 are the same plans. Type C Plan. 3 bed + 2.5 bath + 1 car garage +

1841 Ave SF. 4 total units of this plan type. Plans are registered with the county and need

to be updated with the new code changes and resubmitted for approval.

Building 2. Type D Plan. 3-4 Beds + 3.25 baths + parking. 3 total units of this plan type.

Conceptual plans are completed and a new permit set needs to be created and submitted

for review with the new code changes.


1 DETAILS

BUILDING

Building 1 consists of 4 units that average 1600 SF.

08

There are 2 end units plus 2 interior units. All 4 homes

face East and West with front street curb appeal. All

homes include a 1-car garage . Bedrooms are located on

both the entr level (1 bedroom) as well as the 3rd level (2

bedrooms). The lifestyle levels include 3/4 bathrooms +

kitchen islands + large great rooms. The upper bedroom

level offers 1.75 bathrooms + laundry room + 2 walk in

closets. Rooftop decks complete the homes.

Total Building SF: 6414 SF with a conservatively estimated

$386/PSF Ave Selling Price

1600 SF

Ave

3

Bedrooms

2.5

Bathrooms

1 Car

Garage

2 DETAILS

BUILDING

Building 2 consists of 3 units that average 1917 SF.

There are 2 end units plus 1 interior units. All 3 homes face

South and North with front culdesac curb appeal. All homes

include 2 parking spaces/home . Bedrooms are located on

both the entry level (1 bedroom) as well as the 3rd level (2

bedrooms). The entry levels also include additional flex

spaces + large foyer + walk in laundry in some units. The

lifestyle levels include large greatrooms + 1/2 baths + kitchen

islands and large covered balconies. The upper bedroom

May 2021

levels are finished with 1.75 baths + master ensuite and either

additional storage or a laundry room on that level.

Total Building SF: 5751 SF with a conservatively estimated

$352/PSF Ave Selling Price

1917 SF

Ave

3 & 4

Bedrooms

3.25

Bathrooms

2 parking

spaces


3 DETAILS

BUILDING

Building 3 consists of 4 units that average 1600 SF.

09

There are 2 end units plus 2 interior units. All 4 homes face

East and West with front street curb appeal. All homes

include a 1-car garage . Bedrooms are located on both the

entry level (1 bedroom) as well as the 3rd level (2 bedrooms).

The lifestyle levels include 3/4 bathrooms + kitchen islands

+ large great rooms. The upper bedroom level offers 1.75

bathrooms + laundry room + 2 walk in closets. Rooftop

decks complete the homes.

Total Building SF: 6414 SF with a conservatively estimated

$386/PSF Ave Selling Price

1600 SF

Ave

3

Bedrooms

2.5

Bathrooms

1 Car

Garage

4 DETAILS

BUILDING

Building 4 consists of 3 units that average 1709 SF

.

There are 2 end units plus 1 interior unit. All 3 homes face

South and North with front culdesac curb appeal. All homes

include a 1-car garage . Bedrooms are located on both the

entry level (1 bedroom) as well as the 3rd level (2 bedrooms).

The lifestyle levels include 1/2 or 3/4 bathrooms + kitchen

islands + large great rooms. The upper bedroom level offers

1.75 bathrooms + laundry room + a master bedroom ensuite.

May 2021

Total Building SF: 5129 SF with a conservatively estimated

$382/PSF Ave Selling Price

1709 SF

Ave

3

Bedrooms

2.5

Bathrooms

1 car

garage


5 DETAILS

BUILDING

Building 5 consists of 3 units that average 1709 SF.

There are 2 end units plus 1 interior unit. All 3 homes face

East and West with front culdesac curb appeal. All homes

include a 1-car garage . Bedrooms are located on both the

entry level (1 bedroom) as well as the 3rd level (2 bedrooms).

The lifestyle levels include 1/2 or 3/4 bathrooms + kitchen

islands + large great rooms. The upper bedroom level offers

1.75 bathrooms + laundry room + a master bedroom

ensuite.

10

Total Building SF: 5129 SF with a conservatively estimated

$382/PSF Ave Selling Price

1604 SF

Ave

3

Bedrooms

2.5

Bathrooms

1 Car

Garage

6 DETAILS

BUILDING

Building 6 consists of 3 units that average 1709 SF

There are 2 end units plus 1 interior unit. All 3 homes face East

and West with front culdesac curb appeal. All homes include

a 1-car garage . Bedrooms are located on both the entry level

(1 bedroom) as well as the 3rd level (2 bedrooms). The lifestyle

levels include 1/2 or 3/4 bathrooms + kitchen islands + large

great rooms. The upper bedroom level offers 1.75 bathrooms

+ laundry room + a master bedroom ensuite.

May 2021

Total Building SF: 5129 SF with a conservatively estimated

$382/PSF Ave Selling Price

1709 SF

Ave

3

Bedrooms

2.5

Bathrooms

1 car

garage


BUILDING 7 DETAILS

Building 7 is a duplex with each unit averaging 1841 SF

This duplex faces North and South with front culdesac curb

appeal. All homes include a 1-car garage . Bedrooms are

located on both the entry level (1 bedroom) as well as the

3rd level (2 bedrooms). The entry level also includes a 3/4

bathroom. The lifestyle levels are designed with walk in

pantries + kitchen islands + Large greatrooms + covered

outdoor decks. The upper bedroom levels include a very

large master bedroom with ensuite as well as a large 2nd

bedroom. Both with large walk in closet features and and

upper level laundry room.

11

Total Building SF: 3682 SF with a conservatively estimated

$367/PSF Ave Selling Price

1841 SF

Ave

3

Bedrooms

2.5

Bathrooms

1 Car

Garage

BUILDING 8 DETAILS

Building 8 is a duplex with each unit averaging 1841 SF

This duplex faces North and South with front culdesac curb

appeal. All homes include a 1-car garage . Bedrooms are

located on both the entry level (1 bedroom) as well as the 3rd

level (2 bedrooms). The entry level also includes a 3/4

bathroom. The lifestyle levels are designed with walk in

pantries + kitchen islands + Large greatrooms + covered

outdoor decks. The upper bedroom levels include a very large

master bedroom with ensuite as well as a large 2nd bedroom.

Both with large walk in closet features and and upper level

laundry room.

May 2021

Total Building SF: 3682 SF with a conservatively estimated

$367/PSF Ave Selling Price

1841 SF

Ave

3

Bedrooms

2.5

Bathrooms

1 car

garage

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