MOD19 Apartments
Built Green Capitol Hill Apartment Investment in Premier Urban Location
Westlake Associates, Inc. is proud to present Mod 19 Apartments, a rare opportunity to acquire a modern, Built Green 4-Star certified apartment property in the heart of Seattle’s thriving Capitol Hill neighborhood. Originally developed in 2014 using innovative modular construction technology by local builder OneBuild, the property offers investors a turn-key, energy-efficient asset in one of Seattle’s strongest urban rental markets.
- Prime Capitol Hill location near 15th Ave, Broadway, Pike/Pine, Volunteer Park, and Capitol Hill Light Rail
- Unit mix includes four studios, three 2BR units, and one penthouse 2BR/2BA with rooftop deck and city/lake/mountain views
- Modern finishes, in-unit laundry, hydronic radiant floor heating, and energy-efficient systems throughout
- Durable newer-construction asset in one of Seattle’s most supply-constrained rental markets
- Priced approximately 15% below the property’s 2016 sale price
- Attractive in-place 5.0% cap rate with future rental upside potential
