321 Broadway E, Seattle, WA 98102

Property Description

This listing courtesy of Max Frame, Kidder Mathews

Casa Del Rey is a 27-unit mixed-use asset with three retail shops, including a T-Mobile lease, in the heart of Capitol Hill on an iconic street. Residents step out the front door and are blocks from the Link Light Rail Station, Cal Anderson Park, and the Pike/Pine retail corridor. Apartments average 517 SF and enjoy one of Seattle’s most walkable, amenity-rich locations. Strong in-place cash flow with a clear path to a 7.5% cap by lifting average rents ~9.8% to current high-water marks. Seller will consider attractive below-market seller-financing terms; inquire for details.

Listing Status:

Active

Listing Office:

Kidder Mathews : 360-705-2800

Listing Agent:

Max Frame : 360-705-2800

MLS ID:

2458589

Interior

• Flooring: Vinyl Plank
• A/C: None
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• General: Brick
• Parking: Parking spaces: 0

Construction

• Roofing: Flat
• General: 56 - 10+ UnitsPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Seattle
• County: King

Lot

• Zoning: 6850700380
• View: CityLakeTerritorialView

Utilities

• Sewer: Sewer Connected

Financial

• Source: nwmls

This listing courtesy of Max Frame, Kidder Mathews