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Carlyle Apartments
On The Market
Price: $5,250,000
Price/Unit: $276K
Price/SF: $379
Stabilized Cap Rate: 6.5%
Offers: Reviewed Upon Receipt
Tours: Wed. 11/13: 1 – 3 pm
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Site Details
Opportunity
Prime Capitol Hill Location: Carlyle Apartments are centrally located in the heart of Capitol Hill, one of Seattle’s most vibrant and sought-after neighborhoods. Tenants enjoy immediate access to an array of dining, shopping, entertainment, and cultural options, all within walking distance, making it a highly desirable location for urban dwellers.
Classic Vintage Appeal: Carlyle’s historic charm is reflected in its classic architecture and well-preserved interior features. Units boast hardwood floors, high ceilings, and ample natural light. These vintage design elements, combined with modern living conveniences, create a timeless appeal that resonates with tenants looking for character-filled homes.
Proximity to Transit and Major Hubs: Positioned within walking distance of major bus lines and the Capitol Hill light rail station, Carlyle Apartments offers residents seamless connectivity to downtown Seattle, South Lake Union, and other key employment hubs. This convenient access to public transit enhances the property’s desirability among commuting professionals.
Strong Rental Demand: Capitol Hill is known for its strong rental market, driven by its lively atmosphere and proximity to major employers and educational institutions. Carlyle Apartments’ unique combination of vintage character and modern living amenities ensures a steady demand from tenants seeking both charm and convenience.
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About the Area
Capitol Hill is one of Seattle’s most vibrant urban neighborhoods, known for its dynamic social scene, bustling with bars, clubs, and restaurants. Located minutes from South Lake Union and Downtown Seattle, it provides easy access to major employment centers and amenities. Capitol Hill is also a hub for public transit, featuring buses and light rail, making commuting convenient. The neighborhood blends urban convenience with a lively atmosphere, appealing to residents seeking an engaging lifestyle.
Vibrant Social Scene:
Capitol Hill is home to an exciting mix of bars, restaurants, and entertainment venues, offering endless options for nightlife and dining.
Prime Location:
Located minutes from South Lake Union and Downtown Seattle, Capitol Hill provides easy access to major employment centers and city amenities.
Excellent Transit Access:
With robust bus and light rail services, Capitol Hill is a transit-friendly neighborhood, ensuring quick and convenient commuting across the city.
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