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High Street Residential Sells Corner 63 Apartments In Seattle For $59.25M With CBRE

Property Image
SOLD
$59,250,000

Washington

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MultiFamily
Sold 04/08/2026
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Property Image
SOLD

High Street Residential Sells Corner 63 Apartments In Seattle For $59.25M With CBRE

6300 9th Avenue Northeast

See Similar Deals
MultiFamily
Sold 04/08/2026
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Summary

WASHINGTON
Asset Type:MultiFamily
Transaction Type:Sale

A 139-unit multifamily property located at 6300 9th Avenue Northeast in Seattle's Roosevelt neighborhood has been sold for $59.25 million, translating to a price per unit of $426,259. The transaction was managed by CBRE, and the asset is recognized as Corner 63 Apartments.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $59,250,000
  • Units: 139
  • Price Per Unit: $426,259
  • Seller: High Street Residential
  • Brokerage Firm: CBRE
  • Brokers Involved: Eli Hanacek, Kyle Yamamoto & Natalie Kasper
  • Market: Seattle, WA

This transaction involved the seller, High Street Residential, which is part of Trammell Crow Company, highlighting the key players in the multifamily real estate sector. The brokers Eli Hanacek, Kyle Yamamoto, and Natalie Kasper from CBRE facilitated this significant deal.

Players

Eli Hanacek
20 deals$1.7B volume
BROKER

Kyle Yamamoto
CBRE
20 deals$1.7B volume
BROKER

Natalie Kasper
CBRE
7 deals$572.9M volume
BROKER

High Street Residential
SELLER

Details

SOLD
IMAGE: 04/08/2026 ADDRESS: 6300 9th Avenue Northeast MARKET: Seattle, WA ASSET TYPE: MultiFamily SELLER: High Street Residential BROKERS: Eli Hanacek, Kyle Yamamoto & Natalie Kasper - CBRE SALE PRICE: $59,250,000 UNITS: 139 ~ PPU: $426,259 NOTE: Corner 63 Apartments, a 139-unit multifamily property in Seattle’s Roosevelt neighborhood, sold for $59.25 million ($426.3K/unit) in a deal brokered by CBRE, with seller High Street Residential, part of Trammell Crow Company.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$3,160,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$210,502.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$280,875.23
Annual Debt Service$3,370,502.74