The New Carroll/Capitol Hill Park

The New Carroll and the Capitol Hill Park Apartments are mid-rise buildings located respectively at 305 and 311 Bellevue Avenue E, Seattle WA 98102 in King County. Each building is 5 stories, and each offers a balanced mix of spacious apartments, including both one and two bedroom apartments. A cosmetic upgrade is under way which will dramatically improve the Property and will be implemented with a budget that is expected to be approximately 10% of the purchase price.

The New Carroll contains 33 apartments. Originally built in 1908 and renovated in 2003, the New Carroll features timeless turn of the century architecture, inside and out. The building has large floor plans, 9-foot ceilings, spacious landings, 8 ft. high mahogany entry doors, bay windows and a dramatic spiral entry staircase. Former ownership spent more than $3,000,000 to update major mechanical systems, including plumbing, electrical and seismic retrofitting.

Capitol Hill Park contains 25 apartments and was erected in 1994. It is an attractive late-century modern structure built to condominium standards. Interiors are primarily 1994 vintage, but recently four apartments have been extensively renovated with modern finishes. The building has an elevator. A number of the apartments feature balconies, and all have in-unit washer/dryers and fireplaces.

The buildings offer a total of 52 secured garage stalls and 5 outside stalls, all on a shared basis.

Address: The New Carroll Apartments – 305 Bellevue Ave E, Seattle, WA 98112
Capitol Hill Park Apartments – 311 Bellevue Ave E, Seattle, WA 98112
Year Built: The New Carroll Apartments – 1908, Renovated in 2003
Capitol Hill Park Apartments – 1994
Number of Apartments: The New Carroll Apartments – 33
Capitol Hill Park Apartments – 25
Gross Building Area: The New Carroll – 38,626 SF
Capitol Hill Park – 40,731 SF
Total Rentable Area: The total rentable area of the apartments is 50,773 square feet.
Heating: Each apartment is individually heated by electric in-wall, forced air heating units.
Security: Each building provides controlled-access entry for both the building lobby and for the two underground garages as well.
Elevator: Capitol Hill Park has an elevator that provides access to each floor and to both underground garages.
Balconies: Capitol Hill Park has a balcony with each apartment.
Roof Deck: The New Carroll has a recreational deck for the enjoyment of its residents offering sweeping views of downtown, Puget Sound and Lake Union.
Laundry Facilities: The New Carroll has a common area laundry room. Capitol Hill Park has a washer/dryer in each apartment.
Fireplace: Capitol Hill Park features a fireplace in each apartment.
Exhaust Fan System: Capitol Hill Park bathrooms and kitchens and the New Carroll kitchens are ventilated by motorized fans in each apartment that exhaust at the roof. New Carroll bathrooms are window-ventilated.
Domestic Hot Water System: Each apartment has a dedicated 50-gallon electric hot water heater. The laundry room at the New Carroll is serviced by one gas hot water heater.
Plumbing: The pressurized water supply plumbing is comprised of copper. Both copper (the New Carroll) and PVC (Capitol Hill Park) are being used for outflow water.
Utilities: Residents pay for their individual electricity supplied by Seattle City Light. Natural gas is provided by Puget Sound Energy and the City of Seattle supplies water, sewer and refuse removal.
Cable Television, Internet & Telephone: Each apartment is wired for cable television, internet and telephone.
Parking: Both buildings have secure direct access to a two-level parking garage that contains a total of 52 stalls and an additional 5 spaces outside. Additional on-street guest parking is available.