Mixed-Use Property Changes Hands in Seattle’s Capitol Hill
The community is minutes away from a major employment hub.
Transwestern Investment Group has sold Viva, a 105-unit Class A apartment community located in Seattle’s Capitol Hill submarket. A buyer was not disclosed.
Situated at 1111 E. Union Street, the six-story, 105-residential unit apartment community was completed in 2014 and is currently 96 percent leased.
Apartments feature eat-in island kitchens, quartz countertops, walk-in closets, in-unit washer-dryers and high-speed internet. Among the common-area amenities are a lounge, multi-use room, roof terrace, picnic area, controlled access and EV charging. The property also has 7,450 square feet of retail space.
Viva’s address in Capitol Hill enables residents to quickly reach downtown Seattle and the an employment hub in the city’s South Lake Union. Dining, lounges and entertainment are steps away within Capitol Hill, Seattle’s nightlife mecca.
Minutes away is the First Hill healthcare district, featuring Virginia Mason, Swedish Hospital, UW Medicine and Polyclinic. Residents can reach four transit stations within an 11-minute walk of Viva. Freeway Park is a 14-minute walk distant, while Waterfall Garden Park, Klondike Gold Rush National Historical Park, Denny Park and the Seattle Aquarium are all situated within a five-minute drive.
Investing in Emerald City
The transaction involving Viva joins a growing list of Seattle multifamily investments.
Last month, The Sobrato Organization spent $33 million on Park Metro Apartments, a 78-unit multifamily community in the suburb of Bellevue, Wash.
Also last month, in one of the largest Seattle-area deals of 2025, Security Properties enlarged its Seattle holdings with its $400.8 million acquisition of a five-property, apartment portfolio. Comprised of high-quality assets across some of the Seattle’s most coveted enclaves, the portfolio had previously been the property of Washington Holdings.
