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Listings/Vitality on Howell
Vitality on Howell
On the Market
Price: $9,500,000
Offer Review Date: TBD
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Site Details
Unit Mix
Opportunity
The Capitol Hill Multifamily market is driven by a constrained development pipeline. Rising costs and slow permitting across Seattle are limiting new supply, positioning existing assets to benefit from tightening inventory and future rent growth.
Vitality on Howell offers a below-market basis with modern 2016 construction, reducing capital needs and operational risk. Units are priced below comparable studios and one-bedrooms, creating strong, broad-based demand and supporting stable occupancy with upside potential.
Location
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About the Area
Capitol Hill boasts a near-perfect Walk Score, surrounded by eclectic dining, craft breweries, lively music venues, and trendy boutiques—all within easy reach. Its proximity to major employers such as Amazon, Google, Meta, Nordstrom, and the First Hill medical corridor (Swedish, Virginia Mason, and Harborview) fuels strong renter demand and consistently high occupancy rates fuels strong renter demand and consistently high occupancy rates. Convenient light rail access directly connects tenants to Downtown Seattle and the University of Washington, making this neighborhood equally attractive to students and professionals. As one of Seattle’s most resilient rental markets, Capitol Hill continues to benefit from strong rent growth, ensuring long-term investment stability.
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