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Seattle & Northwest  + Seattle  + Apartments  | 

Roxborough Apartments in Seattle’s Capitol Hill Neighborhood Trades for $17M

The Roxborough Apartments, a 53-unit property located in Seattle’s popular Capitol Hill neighborhood, sold for $17.4 million. Located at 1720 E. Denny Way, the community comprises 27 units built in 1920 and 26 modern units built in 2019, providing residents the amenities and luxuries of a new construction building with the charm and character of Seattle’s revered historic buildings.

Positioned at 18th Avenue East and East Denny Way, the property is just a short walk from thriving commercial centers along the Pike-Pine Corridor, 15th Avenue East, and 19th Avenue East.

Kidder Mathews’ multifamily investment team, led by Dylan Simon and Jerrid Anderson, represented the seller, Seattle-based Hamilton Urban Partners. The buyer was undisclosed.

Anderson says, “Capitol Hill is still one of the top rental markets in the Puget Sound, and Roxborough Apartments offers everything residents want in this active neighborhood. The addition of 26 new units created immense value for investors, without sacrificing the traditional character of brick buildings that Seattleites seek.”

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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