Kidder Mathews Arranges $4.575M Sale of Casa del Rey Mixed-Use Apartment Building in Seattle's Capitol Hill
Kidder Mathews has brokered the sale of Casa del Rey, a 30-unit mixed-use apartment building located at 321 Broadway E. in Seattle's Capitol Hill neighborhood, for $4,575,000, the firm announced July 13, 2026.
The buyer was Sound Asset Partners. The seller, 321 Broadway Associates, LLC, is described as a Seattle-based real estate investment company.
Transaction Details
The deal was arranged by Matt Johnston, Jerrid Anderson, Matt Laird, and Jack Shephard of Kidder Mathews' Simon | Anderson Multifamily Team, who represented the seller. Based on the 30-unit count and the $4,575,000 sale price, the transaction implies a per-unit value of approximately $152,500.
No additional details regarding financing terms, occupancy, cap rate, or the building's year of construction were disclosed in the announcement.
About the Parties
Kidder Mathews is a commercial real estate firm with offices across the Western United States. The Simon | Anderson Multifamily Team operates within the firm's Seattle investment sales practice.
Sound Asset Partners is identified as the buyer and 321 Broadway Associates, LLC as the seller in connection with this transaction. No further details about either party were disclosed in the announcement.