Michael Urquhart

Opportunities are Abundant! The Magnolia Portfolio offers a new investor the ability to acquire a 5 building assemblage suitable for a value add opportunity located in a core Seattle area. The current arrangement offers 41 residential units plus 2 commercial spaces and a single family house. All together the assemblage represents 48,462 square feet of LR3 (M) zoned dirt. The property is suitable

18-unit multifamily property located in the heart of Capitol Hill. Significant recent upgrades—including new electrical service mains and subpanels (2013) and high-efficiency tankless water heaters (2022). Offered at just $177,778/unit and $368/SF, The Strand represents a compelling basis play in the heart of Capitol Hill. The property delivers a current 5.9% cap rate, giving investors durable

The Claremont combines the durability of 1990s construction with the appeal of a full, top-to-bottom renovation—creating a turnkey multifamily investment with meaningful rental upside. Modern building systems and comprehensive updates translate to minimal near-term capital expenditures and easy day-to-day management. At the same time, current in-place rents remain below prevailing market levels

Well-maintained, six-unit property features spacious 2BD/2BTH units that include private decks. All units are outfitted with full appliance packages, including dishwashers, ranges, refrigerators, garbage disposals, and in-unit washers and dryers. Units are in clean, rentable condition as-is, providing strong in-place income with considerable room for growth. There is significant value-add

The Leschi Four-Unit (two non-conforming units) is located at 411 28th Ave S in Seattle’s desirable Leschi neighborhood. Originally built as a fourplex and converted to a duplex in 1975, the property has been fully occupied as a fourplex since the current owner’s purchase in 2017. All four 1-bedroom, 1-bath units (approximately 700 SF each) underwent full renovations in 2017, giving new ownership

8 Unit multifamily property situated in the heart of Kirkland’s rapidly growing Totem Lake neighborhood. All large studio units, with lofted sleeping areas and in-unit washer and dryers. Offers a compelling value-add opportunity. With light renovations and strategic repositioning, investors have the potential to increase NOI by approximately 30%, capitalizing on the strong rental demand and

Preliminary study to develop 18 townhomes on nearly one acre of developable land that spreads across four parcels. The site also presents a great opportunity for an assisted living facility due to its location and increased density. First time this property has been on the market in over 40 years. Currently there are two single family rental properties and a World for Kids daycare that bring in