Edison Condominiums in Seattle

Name: Sales in Edison Condominiums started!
Start: 2020-09-07T07:43:22.122541+00:00
End: 2023-12-31T23:59:59+0000
Location: Edison Condominiums

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Project info

Object ID: 9099

Finished at	September 2019
Price, m²	From 7700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 52.00 m²
Floors	5
Apartments	51
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

400,400$

Net profit

7,229$

Payback period

42.2 years

Avg property value increase per year

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Promos and discounts for Edison Condominiums

About the project

Are you ready to own it? Swing by the Edison at 12th & John and discover the sweet side of urban living. The coveted Capitol Hill location is enhanced by abundant natural light, walls of glass, chic details, and a rooftop dog park for your best friend. Located minutes to light rail and the best indie restaurants and nightlife in the city.

Developer

Hardy Development Company has over 25 years of construction experience, building and remodeling homes in the Seattle/Puget Sound area that a…
Details about Hardy Development Company