Purchase Price
$16.0M
Target IRR
18.3%
Equity Multiple
2.0x
Cash-on-Cash
7.7%
Virtual Tour
Experience the transformation potential of 800 Queen Anne Ave N.
Investment Thesis
800 Queen Anne represents a rare opportunity to acquire a stabilized, high-quality asset in a supply-constrained market at an 8% discount to intrinsic value.
Value-Add Potential
Proven strategy to increase NOI by 10% through targeted unit upgrades ($10k/unit) and operational efficiencies.
Defensive Asset
Located in a "Walker's Paradise" (95 Walk Score) with high barriers to entry and historically low vacancy rates.
Operational Upside
Immediate 50% reduction in operating expenses through professional management and vendor consolidation.
Financial Performance
Our conservative underwriting projects strong cash flow and significant capital appreciation over a 7-year hold period.
Prime Location
Located in the heart of Queen Anne, residents enjoy immediate access to Seattle's best parks, dining, and cultural institutions.
Walker's Paradise
800 Queen Anne is perfectly positioned between the vibrant Lower Queen Anne entertainment district and the quiet, upscale residential hill.
Climate Pledge Arena
Entertainment • World-class sports and concert venue
Seattle Center
Park • Space Needle, MoPOP, and expansive green space
Kerry Park
Park • Iconic skyline views just blocks away
Metropolitan Market
Shopping • Premium grocery and prepared foods
Caffe Fiore
Dining • Local organic coffee house
RapidRide D Line
Transit • Direct express bus to Downtown Seattle
Property Gallery
Exterior
Modern Mid-Century Architecture
Interiors
Renovated Kitchens
Location
Prime Queen Anne
Leadership Team
Graham Street Capital is led by experienced operators with a track record of executing value-add strategies in the Pacific Northwest.
"Focused on delivering superior risk-adjusted returns through disciplined acquisition and hands-on management."
Managing Partner 1
Investment Committee
15+ years of experience in commercial real estate acquisition and asset management.
"Focused on delivering superior risk-adjusted returns through disciplined acquisition and hands-on management."
Managing Partner 2
Investment Committee
15+ years of experience in commercial real estate acquisition and asset management.
"Focused on delivering superior risk-adjusted returns through disciplined acquisition and hands-on management."
Managing Partner 3
Investment Committee
15+ years of experience in commercial real estate acquisition and asset management.
Investor FAQ
Partner with
Graham Street Capital
This is a limited opportunity for accredited investors. Secure your position in this trophy asset today.
Graham Street Capital
Investment Committee
Seattle, WA
Headquarters
Qualified investors may request access to the full investment memorandum and data room (via Juniper Square).