Virtu Investments Acquires West Seattle Mixed-Use Portfolio From American Realty Advisors For $111M

A two-building West Seattle multifamily portfolio located at 4727 42nd Avenue Southwest and 4550 38th Avenue Southwest encompasses 336 units, consisting of the 136-unit Mural and 200-unit Link. The portfolio sold for $111 million, averaging over $330,350 per unit in the Seattle, WA market.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $111,000,000
• Buyer: Virtu Investments
• Seller: American Realty Advisors
• Units: 336
• Price Per Unit: $330,357

This transaction highlights the involvement of Virtu Investments as the buyer and American Realty Advisors as the seller, showcasing a significant gain in the multifamily sector of West Seattle.