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8/20/25
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Cornelius Apartments, a 137-unit property in Seattle, traded for $19 mil ($139/unit). The property is located at 306 Blanchard Street in Seattle’s Belltown neighborhood.
Built in 1925, the classic brick nine-story building features units averaging 455 sf in size. Originally designed as a hotel, Cornelius has a colorful past that includes hosting high-profile guests such as Elvis Presley during the era of the 1962 World’s Fair and the unveiling of the Space Needle.
The property is situated close to Pike Place Market, the waterfront, and Olympic Sculpture Park, with dining, nightlife, and cultural venues such as The Crocodile nearby.
Dylan Simon, Jerrid Anderson, Matt Laird, and JD Fuller of the Simon | Anderson Multifamily Team at Kidder Mathews represented the seller in the deal.
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