Executive Highlights

Well Maintained Assets with Pride of Ownership

Five charming brick apartment communities that have been meticulously maintained while preserving their historic character. Current ownership has invested significant care into each asset, resulting in an exceptional level of maintenance and pride of ownership.

Unmatched Capitol Hill Location

Situated in the heart of Seattle’s vibrant Capitol Hill neighborhood, each property offers exceptional connectivity with near-perfect Walk and Transit Scores, placing residents within steps of premier dining, nightlife, shopping, parks, and entertainment. Link Light Rail, the Seattle Streetcar, and countless neighborhood amenities provide unparalleled convenience in one of Seattle’s most sought-after urban neighborhoods.

Stable Cash Flow with Value-Add Potential

Fully stabilized communities with historically strong occupancy and low resident turnover, providing stable in-place cash flows. An incoming owner can execute a value-add investment strategy through interior unit renovations and operational upside.

Potential Portfolio Sale

Each property is available as an individual acquisition or as part of a portfolio comprising of all five apartment communities totaling 321 units. The portfolio presents investors with a unique opportunity to achieve operational efficiencies and economies of scale within one of Seattle’s most desirable urban submarkets.

Portfolio Summary

The Capitol Hill Portfolio consists of five properties totaling 321 multifamily units, Corinthian (50 Units), The Granada (96 Units), The Lenawee (78 Units), The McDermott (83 Units), and The Mission Inn (14 Units) all located in the Capitol Hill neighborhood of Seattle, WA.