WHY ROOSEVELT MANOR?

Whether you're a would-be resident or a real estate investor on the lookout for a great investment opportunity, Roosevelt Manor has much to offer.

Residents
Investors

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The Neighborhood

  1. Five coffee shops.
  2. Five bars.
  3. Five gyms.
  4. Twelve restaurants.
  5. Located next to I-5 on- and offramps.
  6. A fifteen-minute ride by light rail to downtown Seattle.  
  7. A fifteen-minute walk to Green Lake.
  8. Adjacent to two parks.
  9. A very pedestrian lifestyle.
  10. Lots of multifamily projects in the pipeline = a dense, people-rich and diverse environment.

The Building

  1. Not one but three outdoor amenity areas.
  2. Outdoor grilling in the second floor (covered) loggia. 12/365, no matter the weather.
  3. Whole Foods Market -- a driver/sand wedge away.  
  4. A five-minute walk from the Roosevelt light rail station.
  5. A 96 Walk Score and a 99 Biking Score.
  6. Our 114-bike capacity bike room.
  7. Bi-weekly organized social gatherings (more during football season).
  8. The sixth floor indoor/outdoor living room. Seahawks watch party, anyone?
  9. Plenty of secure parking.
  10. Our secure package room.
  11. Pet friendly -- which is to say we love and allow them and have a dedicated pet relief area on the roof deck.
  12. Speaking of the roof deck -- 360-degree views from it. Spectacular.
  13. More roof deck talk -- a putting green.
  14. Three separate storage rooms to store that stuff you always need -- but not really.
  15. Adirondacks.
  16. The golf simulator and the ground-floor gym.
  17. Four grill stations and two fire pits.
  18. Weekend gatherings and Friday night happy hours.
  19. Trash and recycle chutes.
  20. Several bars, restaurants and coffee shops all short walks away.
  21. Our 24-hour maintenance team -- at your beckon call.
  22. The 2nd floor work-from-home room.
  23. Teddy the Tree.
  24. Locally-owned by a locally-bred, regular dude. A corporate apartment this isn't.

Worth a brief mention: the Seattle Department of Construction and Inspection -- the people who approve apartment building designs -- loved The Manor's design. They appreciated our "attention to detail" and "higher quality exterior materials," which they later called "timeless"; expressed excitement about our use of cross-laminated timber as a "great step in the direction of sustainability"; felt the design concept was "compelling"; said the massing and materials were "thoughtful and interesting"; said the streetscape was "pleasant and engaging"; and concluded the design "meets or exceeds all of the Roosevelt neighborhood design guidelines."

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The Apartments

  1. Stainless steel appliances.
  2. Quartz countertops & tile backsplashes.
  3. Laminate hardwood floors.
  4. Zurich white.
  5. The occasional walk-in closet.
  6. Cross-laminated timber ceilings on floor 4-8 apartments.
  7. Air conditioning.
  8. In-unit washers & dryers.
  9. Decks, Juliet balconies and an occasional private patio.
  10. Hyper-attention to every detail. Again, a corporate apartment this isn't.
  1. The location provides for a high floor. Central Washington farmland this is not.
  2. Seattle is already the sixth most expensive rental market in the country, and it's projected to have a housing shortage for decades. Shortages keep upward pressure on rents, which will only bolster your returns.
  3. The owner, a twenty-year veteran of the Seattle real estate scene, has spent close to $9 million toward the land and entitlements - $6 million of it since the summer of 2022. He doesn't just have skin in the game - he's got an entire arm.
  4. The blue-chip development team.
  5. Have you seen the private placement memorandum?  
  6. Now's the time. High interest rates have put developments on hold. Consequently, subcontractors have lowered their prices. As interest rates drop, however, that development pipeline will start to flow again, meaning construction costs will increase.