Elevate Investments’ 17-Unit Apartment Asset in Seattle’s Ballard Neighborhood Listed for $7.7MM

Arie Apartments, a fully occupied 17-unit multifamily asset located at 2600–2606 NW 58th Street in Seattle’s Ballard neighborhood, has been brought to market. Priced at $7.7 million, or approximately $453,000 per unit, the 15,530-square-foot property is offered free and clear of existing debt and is marketed with a trailing 12-month cap rate of 5.6 percent. […]