The Cornelius Apartments present a rare opportunity to acquire a 137-unit, value-add multifamily asset in the heart of Seattle’s Belltown neighborhood. Built in 1925, the nine-story building offers classic architectural charm with upgraded systems, presenting immediate operational upside for investors. Positioned within walking distance to the downtown core, South Lake Union, and the waterfront, the property benefits from Seattle’s dynamic rental market and ongoing economic revitalization efforts.
With immediate operational efficiencies, rental growth upside, and strong market fundamentals, investors can capitalize on Seattle’s ongoing economic resurgence and demand for well-located rental housing.
Investment Highlights