The Greenlake 6 offers an investor the opportunity to own a great building with larger units and with minor updating will be able to attain market rate rents. With minor updates, a new owner can achieve a stabilized CAP of 5.46%. The building is located in the sought after Greenlake neighborhood with its popular recreational activities. It offers 2.5-mile walking trail and 4-mile bike trail around the lake as well as soccer fields, fishing, baseball fields, tennis courts, paddle boarding and many other water activities that happen year-round. This location provides quick access to South Lake Union, University of Washington's main campus, the Woodland Park Zoo as well as many restaurants and entertainment establishments in the area.