Home Finance 125-Unit Chambers Reserve Build-to-Rent Townhome Community in Lacey Sells for $53MM
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125-Unit Chambers Reserve Build-to-Rent Townhome Community in Lacey Sells for $53MM

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Gemdale USA, Skyglass, Seattle, King County, New York City, San Francisco, Dallas, Pasadena, First Hill, Roundhouse, ICONIQ Capital, Puget Sound
Photo by Hans Eiskonen on Unsplash
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The newly built Lacey community of three- and four-bedroom townhomes sold for about $424,000 per unit, roughly 53 percent above the Puget Sound apartment average. The buyer financed it with a seven-year, fixed-rate Freddie Mac loan covering less than half the price. Chambers Reserve, a 125-unit build-to-rent townhome community in Lacey, has sold for $53 […]

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