425-445-0071
615 Bellevue Ave E, Seattle, WA for Sale
Apartments - FOR SALE
1/9
null | Request Cap Rate

615 Bellevue Ave E
Seattle, WA 98102
Capitol Hill


HIGHLIGHTS

  • Iconic Historic Asset
  • Below Market Rents
  • Exceptional Unit Sizes with Conversion Potential
  • Prime North Capitol Hill Location
  • Updated Building Systens

OVERVIEW

Cushman & Wakefield Capital Markets is pleased to present the exclusive opportunity to acquire the Roy Vue Apartments, a historic 34-unit community located in the coveted north end of Seattle's Capitol Hill neighborhood. Originally constructed in 1924 by noted architect Charles L. Haynes, the Roy Vue is recognized as a true Seattle landmark. The property has been carefully maintained and features modernized building systems while preserving its timeless architectural character. Current rents are well below market, providing a new operator with immediate upside. Also, with an average unit size of more than 1,000 square feet, the community is comprised primarily of spacious one-bedroom layouts that offer straightforward conversion potential to two-bedroom units — creating an attractive value-add opportunity in a supply-constrained submarket. This rare asset blends historic charm with meaningful upside, presenting a compelling investment in one of Seattle’s most desirable neighborhoods.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

34

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Roy Vue Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1924

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,257 SF

ZONING

LR3 (M)

APN/PARCEL ID

684820-0030

ASK ABOUT THIS PROPERTY

Dylan RoeterCushman & WakefieldMore Info
425-445-0071

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Dylan RoeterCushman & WakefieldMore Info
425-445-0071

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.