value-add
Veritas Equity Partners Buys 70-Unit Viking Apartments in Lynnwood for $10MM
The 1962-built, seven-building complex near Edmonds College traded about 26 percent below its original $13.5 million asking price, though the longtime owner still...
Cadence Real Estate Acquires 132-Unit The Court at Northgate in Seattle for $29MM
Seattle value-add investor Cadence Real Estate has bought a 1978 apartment complex a short walk from the Northgate Link light rail station for...
183-Unit 9 North Apartments, a Converted Hotel in Yakima, Hits Market for $13MM
The 183-unit 9 North Apartments, a converted hotel near downtown Yakima, is listed for $13MM, or about $71,000 per unit, at a 6.13...
FPA Multifamily Buys 283 Units Across Two Olympia Apartment Communities for $43.7MM
FPA Multifamily buys Evergreen Garden and Rock Maple Village, 283 units in Olympia, for $43.7MM, or $154,417 per unit, from developer Bender Equities.
45-Unit Suncrest Apartments in Walla Walla Sells for $4.3MM in City’s Largest Deal of the Year
The 45-unit Suncrest Apartments in Walla Walla sells for $4.3MM, or $95,649 per unit, in the city's largest apartment sale of the year.
Dan Dahl Sells 23-Unit Tamarack Apartments in Wenatchee for $3.25MM, Ending 19-Year Hold
A 23-unit garden-style apartment community a short walk from downtown Wenatchee drew a contract within 72 hours of hitting the market and traded...
Investco Sells 99-Unit Saffron Mixed-Use Property in Sammamish for $56.5MM
Principal bought one of the Eastside’s rarely traded mixed-use properties, with apartment rents about $380 below the East King County average and no...
106-Unit Adams Square Apartments in Spokane Valley Trades for $13.4MM
A 1970s-era apartment complex in Spokane Valley has changed hands for more than $13 million, a price well below what newer product commands...
119,793 SQFT Bay Vista Office Tower in Seattle’s Belltown Scheduled for Auction Starting at $2MM
Lender-Owned Belltown Tower Hits Online Auction Block a Decade After $33.6MM Purchase A Belltown office tower that changed hands for $33.6 million a...
23-Unit Yakima Apartment Community Listed at $3.1MM, 6.81% Cap Rate
Yakima 23's $3.1 million listing lands as Eastern Washington apartment sales rebound and cap rates compress toward 6.2 percent, testing whether a smaller,...
Trinity Property Consultants Buys 46-Unit Brooklyn Yard Apartments in Portland for $6.3MM
The deal pencils to roughly $136,400 per unit, well below both of the two most-cited averages for the Portland apartment market, extending a...
32-Unit Gladstone Apartments in Seattle’s Lake City Listed for $5.995MM
Seattle's 32-unit Gladstone Apartments has hit the market for $5.995 million, offering buyers a choice between finishing a renovation program already covering two-thirds...
