REAL ESTATE THAT SERVES YOU WELL
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Jonathan Nicoli/Listing Agent represented sale for $1,300,000 in June 2023. Property had existing income on 3-unit rental detached homes. Site approved for 35-unit residential & 5,000 SF commercial mixed use.
Jonathan Nicoli/Listing Broker. Sold Feb 2022. Approved devt for 30-unit apartments 500 feet from Rainier Beach Station. Buyer is non-profit organization for refugee clients' affordable housing.
Jonathan Nicoli/Selling Agent sold in April 2024 for $1.22M as a teardown for new home construction. Off-market deal specifically procured for Buyer Client.
Jonathan Nicoli/Listing Broker. Sold Dec 2021: Alderwood Mall adjacent retail/office. Buyer is owner-operator of Lynnwood School of Rock.
Jonathan Nicoli/Selling Broker. Sold in April 2022 for $505,000 at 16% below asking price on duplex w/ redevelopment potential for 6 units.
Jonathan Nicoli/Listing Broker. Sold Feb 2021: Mercer Island Baskin-Robbins. Proposed redevelopment for high-end condominiums.
Jonathan Nicoli/Selling Broker in off-market deal sold in Dec 2021 for $1,480,000 consisting of 1 commercial building, 1 duplex & 1 single-family house. The 3 individual parcels are zoned Commercial Downtown and may be redeveloped for mixed-use.
285 22nd Ave, Longview WA 98632
2023 BUILT 16-UNIT THREE-BEDROOM TOWNHOMES
Portfolio of Four (4) Clustered Fourplexes
Incredible turnkey multifamily investment! Professionally managed, newly-built townhouse-style rental units are a passive investor’s dream. Built in 2023 these 16 units, all boasting 3 bedrooms and 1.5 bathrooms 2-story & under builder’s warranty in 2024. Offers remarkable 6.56% cap rate Year 1 Actuals, 11.8 GRM & 23.7% Expense Ratio. 100% occupancy w/ tenant wait list. Mostly market rate tenants but also Section 8 approved, for consistent income. Long-term 5-year medical provider lease in place for 4 units 23% above-market rents.
Priced at $4,200,000
52-UNIT SKYWAY APARTMENTS & TOWNHOMES
Building Permits approved & ready to be issued
46 Apartment Units & 6 Townhomes. This 2+ acre lot designed for both apartment units and townhomes would become a great community with a diverse mix of households.
Priced at $1,700,000
For Lease: Office-Retail
1,070 - 4,178 SF Ground Floor
Portfolio of Four (4) Clustered Fourplexes
Great office space for organizations serving nearby schools & the community. Across from Cleveland High School. Three (3) suites may be combined for up to 4343 SF. Suite 1J: 1,273 SF. Suite 1K: 1,070 SF. Suite 1L: 1,835 SF.
May also be used for walk-up retail with both south/northbound bus stops a few steps away on the intersection of 15th Ave S & S Lucille and is half-mile to Boeing airfield & Georgetown.
Landlord is responsible for property taxes & building insurance. Tenant(s) responsible for maintenance, liability insurance & utilities.Priced at $4,200,000
5333 15th Ave S, Seattle WA 98108
BUSINESS OPPORTUNITY TO OPERATE GAS STATION & CONVENIENCE STORE
Pierce County on Highway 7 with 25,000 Vehicles/Day
This is an opportunity for a new operator to come in & improve further upon an already strong-performing convenience store and fueling stations. There is also a recently installed kitchen hood & equipment for use. The current operations bring in an average monthly of around $70,000 inside sales revenues & 30,000 gallons of fuel sold from the eight (8) unleaded & four (4) diesel pumps available to 25,000 vehicles per day Pacific Ave/Hwy 7 that stretches 60 miles from Tacoma to Morton. Further operational improvements may yield higher gross and net margins. Furthermore, operating or sublease the kitchen hood for potential takeout orders and/or a quick-serve restaurant may bring an additional revenue stream into the business.
SOLD Redevelopment Projects
35 Apartment Units & 5,000 SF Commercial
Light Rail: Rainier Beach Station
Featured Home Sales
Jonathan Nicoli/Listing Agent sold in April 2024 for $1,788,000 this brand new construction by Mainvue Homes with 5 beds, 3.75 baths at 3,910 SF on 11,780 SF (0.27 ac.) lot
Jonathan Nicoli/Listing Broker. Sold Dec 2022 for $1,780,000 on this 3,690 square foot home with 4 bedrooms, 3.5 baths plus bonus room & office. NWMLS 2002746
Jonathan Nicoli/Listing Broker. Sold in March 2022 for $1,625,000 at 35% over asking price and $726/SF for this 2,238 square foot home with high-end updates & finishes across its 4 bedrooms & 2.75 bathrooms with pool & outdoor amenities. NWMLS 1881131
Jonathan Nicoli/Listing Broker. Sold in Feb 2023 for $1,770,000 for this 3,470 square foot home with 4 bedrooms, 3.5 baths NWMLS 2018067
Jonathan Nicoli/Listing Broker. Sold Nov 2021 for $770,000 at 10% over asking price on this 1,320 square foot home with 3 bedrooms & 1.75 baths. NWMLS 1841639
Jonathan Nicoli/Selling Broker. Closed Feb 2023 for $308,000 on this 662 SF 1BR/1BA condo near Juanita waterfront. Acquired 5.3% below Asking Price. NWMLS 2016939.
SOLD APRIL 2024
5 Bedroom 3.5 Bath 3,910 SF 11,780 SF Lot
Newly constructed and never occupied MainVue Homes in newer neighborhood at Renton Highlands. 5 Bed & 3.75 Bath. Customizations include guestroom ensuite, larger lot size premium for detached ADU option, audio/video prewired theatre room & 250-foot private fenced dog run greenbelt. Enter the soaring 2-story foyer leading to the open-concept gourmet kitchen with 3 cm quartz counters, stainless steel appliances, frameless cabinets & butler's pantry seamlessly flowing through the dining room, great room & covered outdoor fireplace room. Main floor also has an executive office & a bed/bath. Upstairs Grand Suite is flush with designer soaking tub, luxurious walk-in shower, enclosed toilet & dual walk-in closets. Also, a Guest Room Ensuite, two bedrooms & double-sinked bath. Renton ISD: Elem #1, Jr. High #2, Sr. High #1. MLS#: 2191936
Seller intended to move into the house, until broker Jonathan Nicoli found them an excellent off-market deal on a very desirable Bellevue WA property. Seller sold 741 Wapato for 20% more after holding for 3 months.
Sold for $1,788,000 - 20% Profit on 3-month hold
Mainvue New Construction @ Renton Highlands
Stunning Renovation on Somerset Home
SOLD - Feb 2023 to a Seattle Pro Sport Player
FULLY-RENOVATED SOMERSET BELLEVUE HOME
4 Bedroom 3.5 Bath 3,470 SF 16,514 SF Lot
Fully renovated with stylish details & timeless design. Light-filled interior highlighted by thoughtful updates, including new plank flooring & reclaimed old-growth wood accents. Kitchen boasts new cabinetry, quartz countertops & stainless steel appliances. Open to family room with shiplap accent wall & cozy fireplace. Primary ensuite features spa bath with soaking tub, over-sized shower, double vanity & walk-in closet. Versatile lower level includes two bedrooms, full bath, rec room with wet bar, office space, sauna & covered deck. New roof, new furnace & new tankless water heater. Excellent schools incl highly-ranked Somerset Elem & Newport HS. Prime location with easy access to downtown Bellevue, shopping, dining, freeways & airport. PRE-INSPECTION! 1 year Platinum Home Warranty provided to buyer.
Sold for $1,770,000 - 24 days @ market over holidays
SOLD DEC 2022
4 Bedroom 3.5 Bath 3,690 SF 100,188 SF Lot
Immaculate Renovation by award-winning design team, this spacious 3,690 SF home on 2.3 acres lot merely 8 miles to Redmond via Avondale Rd has 4BR, den & office, 3.5BA w/3-car garage. 15-ft vaulted ceilings. En suite Primary BR w/Jacuzzi & partitioned sitting area. 2nd BR w/full bath. 855 SF wraparound covered patio & outdoor gas fire pit. Hot tub outbuilding. Fully fenced backyard. RV parking & land for outbuilding/horses options. Jennaire SS appliances. Walk-in pantry. Security system. Central vacuum. Built-in speakers inside & out. Reclaimed old-growth fir accents salvaged from historical 1880 Tacoma City Hall Bldg. Flagstone hardscapes, wainscoting, custom tile spa shower, PRE-INSPECTION!1-yr warranty provided to buyer. No HOA.
Sold for Asking Price: $1,780,000
Meadowbrooke Woodinville
Paradise Cove Edmonds
*** SOLD MARCH 2022 ***
4 Bedroom 2.75 Bath 2,238 SF 11,761 SF Lot
Experience tranquility on this .27-acre paradise. This 4bed/3bath home offer rare water views on each side of home (Sound and pool). Soak in the refreshing hot tub/pool, come out for your feet to be swept on a reclaimed wood swing in the oasis of the pergola, while getting toasty next to the gas firepit surrounded by luscious plants & flagstone hardscapes. Reclaimed wood, custom accents & never lived-in since extensive updates too many to list (see Supplemental): New furnace, AC, appliances & windows. Amenities include Wi-fi enabled fridge in the stunning kitchen, Wi-fi Sprinkler system, RV parking & utility room. Two (2) miles to Hwy 99 & 525 (leads to I-405 & I-5). PRE-INSPECTION! 1 year Platinum Home Warranty provided to buyer.
Sold for $1,625,000 @ $726/SF.
Asking Price: $1,200,000 - Sold for 35.4% Over
MEET THE TEAM
JONATHAN NICOLI -
Principal Broker
As Principal Broker, Jonathan represents and negotiates with both private and national institutional investors. He specializes in the acquisition and disposition of multifamily, retail, and land development properties. Jonathan’s background includes years of brokering deals under Marcus & Millichap and CityBldr.
THERESA JORDAN - Managing Broker /
Operations Director
Theresa is committed to giving the best service possible while managing the systems and processes that our company uses every day.
SHANA LITS - Marketing Director
Shana is renowned for her fusion of traditional and digital marketing strategies, leading to record views producing successful sales, and enhanced brand visibility for all listings.
LINDSEY HINEMAN - Transaction Coordinator
Lindsey manages the intricate details and paperwork involved in property transactions, ensuring timely and accurate processing from contract to close.