Pinnacle at Alki in Seattle

Name: Sales in Pinnacle at Alki started!
Start: 2020-09-07T11:07:14.990893+00:00
End: 2023-12-31T23:59:59+0000
Location: Pinnacle at Alki

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Project info

Object ID: 9113

Finished at	November 2018
Price, m²	From 9400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 160.00 m²
Floors	6
Apartments	11
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

1,504,000$

Net profit

9,376$

Payback period

127.9 years

Avg property value increase per year

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About the project

Nestled on the northernmost point of Alki Beach Park, Pinnacle at Alki offers coveted three bedroom, two and a half bathroom condos with floor-to-ceiling windows, northwest contemporary design, luxurious quality, and an unparalleled bayside location. Enjoy 200-degrees of spectacular views of the Seattle skyline, Elliott Bay and Olympic Mountains from your private balcony or rooftop deck.

Deck features a fire table, multiple grills, and plenty of options to take in the sunshine. Minutes from the port of the West Seattle Water Taxi offering convenient access to all that downtown Seattle offers.