Geld Arts LLC's Seattle Charmer: The Stabilization Aspect of Real Estate Development

An important and profitable aspect of development is the stabilization of an existing building. We purchased this charming 1920's 8 unit apartment house in Seattle's popular Capitol Hill neighborhood and immediately got to work stabilizing and rejuvenating. A new fence, landscaping, pressure washing walkways and parking area, new exterior awnings and interior touch up brought this classic, lovely building back to life.  There's room to expand behind this building as well, adding even more value in this consistently growing neighborhood.