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Pacific Development Partners Lists 57-Unit Union 18 in Seattle’s Capitol Hill

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Apartments with Space Needle in the background
Photo by Anthony Fomin on Unsplash
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Santa Monica investor markets two-building, 45,822-SQFT property at 1140 18th Ave with appraised value of $12.7MM, roughly 39 percent below its $20.8MM acquisition basis from a decade ago. A Santa Monica-based investor is testing the depth of Seattle's recovering multifamily bid with one of Capitol Hill's larger value-add offerings of the year. Pacific Development Partners, […]

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