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Home Finance Seattle Housing Authority Buys 98-Unit Verse Apartments in City’s Central District for $27.4MM
FinanceIndustry NewsResidential

Seattle Housing Authority Buys 98-Unit Verse Apartments in City’s Central District for $27.4MM

May 3, 20241 Mins read1.8k
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Seattle Housing Authority, Verse Apartments, Seattle, King County, Seattle Public Schools, Seattle Post-Intelligencer, Waterton, Renton, New York Life Investments, Puget Sound
Photo by Christian Stahl on Unsplash
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By Kate Snyder A multifamily community traded hands in Seattle recently, showing that the city’s residential market continues to draw investors. The Verse Apartments were purchased by the Seattle Housing Authority, according to King County public records, for $27.4 million, or approximately $279,591 per unit. The seller was an entity affiliated with Pacific Urban Investors. […]

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