Colliers International Completes Sale of Multifamily Investment Property in the Rapidly Developing West Seattle Neighborhood
January 23, 2018, Seattle, WA – Colliers International announces the sale of the Holden Apartments, a West Seattle 23-unit multifamily property that closed on January 19, 2018. The sales price establishes a new area high of $182,600 per unit, and $242 per net rentable square foot. The Colliers’ Seattle Apartment Team of Sam Wayne, Tim McKay and Dan Chhan represented the seller and sourced the buyer. This was the first time the Holden Apartments had been on the market in 30 years.
Consisting of 19-one bedroom units and 4-two bedroom units, the Holden Apartments is situated in the rapidly developing neighborhood of Highland Park due to its close proximity to downtown Seattle and easy access to amenities throughout West Seattle. Each unit boasts large floor plans, a private balcony or patio, natural lighting and abundant parking.
About Colliers International Group
Colliers International Group Inc. (NASDAQ and TSX: CIGI) is an industry leading global real estate services company with 15,000 skilled professionals operating in 68 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.
Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that helps clients accelerate their success. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 12 consecutive years, more than any other real estate services firm. Colliers also has been ranked the top property manager in the world by Commercial Property Executive for two years in a row. For the latest news from Colliers, visit Colliers.com or follow us on Twitter: @Colliers and LinkedIn.