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Cushman & Wakefield Sells Roy Vue Apartments Multifamily Property In Seattle For $11.5M
SOLD
$11,500,000
+ 3
Washington
See Similar DealsMultiFamily34,059 SF
Sold 03/16/2026
SOLD
Cushman & Wakefield Sells Roy Vue Apartments Multifamily Property In Seattle For $11.5M
615 Bellevue Avenue East
See Similar DealsMultiFamily34,059 SF
Sold 03/16/2026
+ 3
Summary
WASHINGTON
Asset Type:MultiFamily
Price Per Square Foot:$337
Total Square Footage:34,059 SF
Transaction Type:Sale
The property involved in this transaction is a historic multifamily asset located at 615 Bellevue Avenue East in Seattle, WA. This multifamily property comprises 34 units with a sale price of $11,500,000. It has a total square footage of 34,059, resulting in a price per unit of $338,235 and a price per square foot of $338.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $11,500,000
- Units: 34
- Square Footage: 34,059
- Price Per Unit: $338,235
- Price Per Square Foot: $338
- Market: Seattle, WA
The brokers representing this transaction were Dylan Roeter, Tim McKay, Jacob Odegard, Dan Chhan, Matt Kemper, and Byron Rosen from Cushman & Wakefield. This group facilitated the sale of Roy Vue Apartments in Seattle’s Capitol Hill neighborhood.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$613,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$40,857.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,515.87
Annual Debt Service$654,190.40
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