SVi Resources, Inc.

A real-estate investment firm to help you sell/buy properties

Alki Fun, $1.6M for Five Townhouses

 

We will be building 5 townhouses right across the beach at 1714 & 1716 Alki Ave. SW, close to the Alki Beach Park.

Two 3-story townhouses at the front: each two-car side-by-side garage. The
garage will be on the back side of the first floor, for better street
appeal. Each of the front townhouse will have about 2000+ sqft living space.
Pre-sale price is around $1.2M each.

Three 4-story townhouse at the back: each with two-car tandem garage on the
first floor, with a 3/4 bath & multi use room on the first floor for
residents to wash off sand after a whole-day playing on the beach. Each of
these units will be approx 1800 sqft of living space. Pre-sale price is
around $900K each.

All units will have elevators, ample storage for active-lifestyle gear, and
roof-top gardens with hot tub/spa. We're fairly confident in our permitting
path, as the site was previously approved for a larger project - we
abandoned that project because we want to bring something truly unique to
the Alki Waterfront, rather than yet another high-density condo building.

We will be uploading some preliminary architect drawings very soon. Please come back regularly to this web site to check on our progress.

If you want to build, you can purchase all the four parcels for this project for $1.6 million right now, or pay more after we get the survey and plan approved by City of Seattle. The existing two properties on the lots are already rented for $3400 a month. You may keep the tenants until you are ready to tear down the current buildings.

If you are individual home buyers, you may reserve and choose your unit now. You also have the freedom of customizing your unit to some extent at this point. We can set up an escrow account with your earnest money.

Please contact us at (425) 242.0000