Capitol Hill Apartment Building Sells for $20.4M, Breaking Down to $434K a Unit

A 47-unit apartment building on the corner of Belmont and Harrison in Seattle’s Capitol Hill neighborhood has changed hands for $20.4 million, or roughly $434,000 per unit. The buyer is Josef Stanzl, described as a longtime Seattle-area multifamily investor, who acquired the property known as Stream 403 at 403 Belmont Ave. E.

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