This area appeals to students and young professionals and has excellent growth potential thanks to a robust local job market. Downtown Seattle is 5 miles south, where companies such as Google, Facebook, Adobe, Amazon, Apple, Hulu, Airbnb, Twitter, Oracle, and Zillow are located.
Many parks, hiking trails, restaurants, and shopping centers are within 10 miles of the property.
The local housing market is highly competitive, with the average home spending just a few days on the market. Redfin marks Seattle as one of the top five metro areas, and Vancouver's The Daily Hive reported it is fourth in North America for high-tech software job growth. Seattle Geodata shows that the total number of jobs in the area has increased by 34% since 2010.
This property's appraised value has grown significantly in the past ten years. The rental income is likely to increase because it is close to the University of Washington (a 4-minute drive) and tech companies like Amazon (an 11-minute drive to the Amazon campus), making it an in-demand location for renters who want to make the most out of living and working in Seattle.