Thayer Manca Buys 80-Unit Ballard Apartment Complex for $20MM

(EDITOR’S NOTE: According to sources familiar with the transaction detail, the property sold for $20 million, or $250,000 per unit. The cap rate on the transaction came in at 4 percent.) Seattle, Wash. (August 4, 2022) – Etta Ballard, a mid-rise apartment building totaling 80 units in Ballard, Washington, sold in a fully marketed sale […]