Ravenna88 in Seattle

Name: Sales in Ravenna88 started!
Start: 2020-09-07T11:20:14.697547+00:00
End: 2023-12-31T23:59:59+0000
Location: Ravenna88

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Project info

Object ID: 9115

Finished at	October 2020
Price, m²	From 5380$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 130.00 m²
Floors	3
Apartments	87
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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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

699,400$

Net profit

9,376$

Payback period

59.5 years

Avg property value increase per year

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Promos and discounts for Ravenna88

About the project

Ravenna88's collection of townhomes present a fresh look and feel - clean lines, dramatic angled roofs, a modern color palette, cedar accents and metal railings. Choose from a variety of plans, ranging in size from 1,400 to 1,800 sq ft, with 2 to 4 bedrooms including nicely appointed master suites, great room designs with island kitchens, decks and attached 1 and 2-car garages.

Located at the corner of Lake City Way and 88th Ave NE, Ravenna88 owners will appreciate the easy access to major employment centers. Ravenna88 is only 6 miles North of Seattle’s central business district and a mere 2 miles from the University of Washington. Nestled away, Ravenna88 is a true neighborhood with it’s own parks and gathering spaces. A short stroll reveals up and coming new restaurants and a five- minute drive connects you to all your neighborhood shopping needs.

Developer

For over forty years, Intracorp has developed extraordinary homes—and we haven’t done it alone. Every member of the team has been integral t…
Details about Intracorp