Arise Capital Buys 154-Unit Apartment Complex in Burien for $37.3MM

An apartment complex in Burien has traded hands recently. The Wellington Place Apartments, a 164-unit apartment complex located at 327 S 177th Place, was sold for $37.3 million, or about $227,439 per unit, according to King County public records. The buyer group consists of multiple entities affiliated with Arise Capital. The seller was an entity […]