Cushman & Wakefield Sells Roy Vue Apartments Multifamily Property In Seattle For $11.5M
615 Bellevue Avenue East
$11,500,000
$337/SF
Building Size
34,059 SF
Asset Type
MultiFamily
Closing
Mar 16, 2026
AI
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.
Players
Seattle 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
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93