SOLDMultiFamily
Curtis Capitol Group Acquires 22-Unit Multifamily Building In Seattle From Trimark Property Group For $7M
3636 Francis Avenue North
$7,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 25, 2026
AI
The Francis is a 22-unit apartment building located at 3636 Francis Avenue North in Seattle, WA. The property, built in 1988, was sold for $7 million, equating to approximately $318,182 per unit. The multifamily asset provides a renovation opportunity situated in a high-demand neighborhood.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $7,000,000
- Buyer: Curtis Capitol Group
- Seller: Trimark Property Group
- Brokers: Matt Laird & Jack Shephard - Kidder Mathews
- Units: 22
- Price Per Unit: $318,182
Matt Laird and Jack Shephard represented the brokerage firm Kidder Mathews in the transaction. This deal highlights the involvement of Curtis Capitol Group as the buyer and Trimark Property Group as the seller, facilitating the acquisition of the multifamily property.
Players
Frances MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93