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.