Home News Releases Berkadia Completes Sale of Everett Multifamily Property for $29.4MM

Berkadia Completes Sale of Everett Multifamily Property for $29.4MM

(EDITOR’S NOTE: The Registry reported on January 7, 2020 the sale of this complex had closed for $29.4 million. The buyer was Goodman Real Estate.)

SEATTLE & AUSTIN, Texas – January 27, 2020 – Berkadia today announced the sale of Greensview Apartment Homes, a 144-unit garden-style multifamily property in Everett, Washington. Senior Managing Director Kenny Dudunakis and Senior Directors David Sorensen and Ben Johnson of Berkadia’s Seattle office and Managing Director Kelly Witherspoon of Berkadia’s Austin, Texas office completed the sale on behalf of the seller, California-based Glen Una Management. The buyer was an undisclosed entity, and the deal closed on December 18, 2019.

“Greensview’s unique golf course setting, along with its proximity to the world-renowned Boeing facility and Paine Field, made it a very sought-after property,” said Sorensen. “Everett and Snohomish County in general are seeing positive economic activity, and we believe investors will continue to seek out opportunities in these areas going forward.”

Located at 1520 W Casino Road, Greensview features one- and two-bedroom floor plans with wood burning fireplaces, dishwashers, in-unit washers and dryers and patios or balconies. Community amenities include a fitness center, a hot tub, a clubhouse, a swimming pool, covered parking and storage space. The property is situated on the Walter E. Hall Golf Course in Southwest Everett and affords convenient access to Route 526.