CONTACT US MITCHELL BELCHER Vice President Investment Properties|Multifamily +1 206 292 6003 [email protected] STEVEN CHATTIN Vice President Investment Properties|Multifamily +1 206 442 2707 [email protected] JAY TIMPANI Senior Associate Investment Properties|Multifamily +1 206 292 0079 [email protected] Capital Markets | Investment Properties FOR SALE THE OFFERING CBRE, Inc. is pleased to exclusively offer for sale the Capri Apartments, providing investors an opportunity to purchase a recently renovated 15-unit professionally managed building. The property is extremely well located in a prime rental area, with proximity to Northgate Mall, North Seattle Community College and the Northgate Park & Ride, offering several bus routes within walking distance. Along with the low maintenance landscaping, a trendy mid-century design and open living spaces, these apartment homes are designed for the modern discerning tenant; vacancy has been very limited since the renovation. New hardwood floors, quartz counter tops, refinished custom cabinets and some unique retro finishes make these apartments particularly appealing. PROPERTY SUMMARY PRICE $3,000,000 NUMBER OF UNITS 15 PRICE PER UNIT $200,000 PRICE PER SQ FT $267 CURRENT CAP RATE 5.67% PARKING 15 spaces ZONING Multifamily Residential (L-3), City of Seattle PARCEL NUMBER 344800-1435 YEAR BUILT/ RENOVATED 1962/2015 THE CAPRI APARTMENTS 11521 26 TH AVENUE NE SEATTLE, WASHINGTON 98125