(Image: Joe Mabel/Wikipedia)

(Image: City of Seattle)

A classic Capitol Hill apartment building is reportedly set to be sold by its longtime family ownership amid Seattle’s stubbornly expensive rental market and ongoing worries about the end of “small landlords” in the neighborhood.

Residents of Yale Ave’s five-story, 101-year-old El Capitan Apartments at the base of Capitol Hill above I-5 received a letter last week from the Hendricks family notifying them of the sale. The letter was posted to Reddit and residents of the 86-unit building have confirmed the notice.

“This building has been more than just a business to us; it has been our home and our history,” the letter about the iconic building’s future from Manny Hendricks reads. “My father, Alvin ‘Bubba’ Hendricks, purchased El Capitan in 1970, continuing a legacy started by my grandfather, who managed the building for years before that.” Continue reading →