The Francis, a 22-unit apartment community located at 3636 Francis Avenue N. in Seattle’s Fremont neighborhood, has sold for $7,000,000. Matt Laird and Jack Shephard of Kidder Mathews’ Simon | Anderson Multifamily Team served as the exclusive brokers representing the seller, Trimark Property Group, and sourced the buyer, Curtis Capitol Group.
Built in 1988, The Francis offers a well-maintained mix of studio, one-bedroom, and two-bedroom units in one of Seattle’s most established and amenity-rich rental submarkets. The acquisition delivers Curtis Capitol Group a cosmetic value-add opportunity featuring updated building systems and continued upside potential in a well-located neighborhood defined by enduring renter demand.
“Fremont remains one of Seattle’s most sought-after neighborhoods, and well-positioned buildings like The Francis rarely trade,” said Laird. “This transaction reflects the continued depth of investor demand for quality multifamily investments in the city’s urban core, assets that are difficult to replicate and located where renters consistently want to live. We were pleased to represent Trimark Property Group and deliver a smooth transaction with a great buyer.”
Situated on the north side of the Lake Washington Ship Canal, roughly four miles north of downtown Seattle, Fremont is one of the city’s few true 24-hour neighborhoods, offering a walkable, high-demand setting with a vibrant mix of employers, dining, shopping, and cultural amenities. Residents enjoy proximity to the Burke-Gilman Trail, Fremont Sunday Market, Woodland Park, and Seattle Pacific University, along with quick access to major employment centers across the city. Its enduring identity and limited new supply continue to reinforce Fremont’s position as one of Seattle’s strongest rental submarkets.
About the Simon | Anderson Multifamily Team
The apartment brokerage team led by Dylan Simon and Jerrid Anderson of Kidder Mathews represents apartment investors, developers, and landowners in the sale and purchase of apartment buildings and development land across the entire State of Washington. The team of 15 brokerage professionals specializes in the sale and purchasing of apartment buildings and development land from $1 million to more than $100 million. For more information, visit simonandersonteam.com.
About Kidder Mathews
Kidder Mathews is the largest fully independent commercial real estate firm in the Western U.S., with over 900 professionals in 19 offices across Washington, Oregon, California, Nevada, and Arizona. We offer a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. Kidder Mathews averages $9 billion in transaction volume, manages 54 million square feet of space, and conducts nearly 2,700 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.
