Description
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.
-
0BEDS
-
0.13ACRES
-
0BATHS
-
01/2 BATHS
-
15,560SQFT
-
$398$/SQFT
Listing information ©2025 Northwest MLS. Listing courtesy of Kidder Mathews.
Mortgage Calculator is provided by BoomTown.
Description
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.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Icon Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-12-11T00:15:15.213. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2025-12-11T00:15:15.213. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.