exclusively offered by berkadia seattle
Judkins TOD Townhomes
New Construction in High-Demand Transit Corridor
2001 & 2009 S Norman St 98144
Seattle, WA
Highlights12
Total Units
1,462 SF
Avg. Unit Size
17,540 SF
Building Size
2025 &
2026
Year Built
(Phase I & Phase II)
investment highlights
Transit-Oriented New Construction Asset: Built in two phases across 2025 and 2026, Judkins TOD Townhomes features 12 newly built townhomes with11 three-bedroom, two-plus-bathroom floor plans and one two-bedroom, two-bathroom unit, located just 0.3 miles from Judkins Park Light Rail Station.
Enhanced Regional Connectivity: Direct access, via I-90 and I-5, to Downtown Seattle, Bellevue, Redmond, and the broader regional transit network expands commuter appeal and supports rental demand.
Elevated Design and Finishes: Modern interiors, rooftop decks with panoramic skyline views, and premium finishes—including top-floor primary suites, quartz countertops, mini-split air conditioning, and open-concept layouts—differentiate the property within the market.
Additional Income Upside: Income from fully leased parking, rentable storage units, and EV charging provides immediate supplemental revenue with potential for further growth. Additional EV charging stations can readily be installed for remaining units, generating $100 monthly premiums.
Favorable Supply-Demand Fundamentals: Strong annual demand for urban living with transit access and new construction slowdowns provide a favorable lease-up environment.
Long-Term Appreciation Potential: The property is well positioned to benefit from continued neighborhood growth and increasing demand for transit-oriented housing.
Affluent Area Demographics: Median household income is $115,197 within a one-mile radius and is projected to reach $205,905 over the next five years.
Flexible Exit Optionality: Individually deeded residences allow for individual unit sales , a bulk portfolio disposition, or selloffs of Phase One and Two separately.
12-Unit Townhome Community in Central Seattle
Unit Mix
Unit SF
Rent
Rent
Rent
Property Overview
Judkins TOD Townhomes
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- CITY, STATE ZIP
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- AVG UNIT SIZE
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- Parking
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location

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PRIMARY CONTACT
INVESTMENT SALES
mortgage banking
offices in bellevue & seattle
bellevue
411 108th Avenue NE
Suite 1080
Bellevue, WA 98004
206.521.7220
seattle
601 Union Street
Suite 3720
Seattle, WA 98101
206.521.7220
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