Kirkland Investor Sells 25-Unit Avellino Apartments on Mercer Island for $10.8MM

Mixed-use apartment building trades at $432,000 per unit in rare island transaction, reflecting the scarcity premium that Mercer Island's constrained multifamily inventory commands among private investors The Avellino Apartments, a 25-unit mixed-use apartment building at 2836 78th Ave. SE on Mercer Island, has sold for $10.8 million, according to King County records. The seller is […]