Security Properties Sells Multifamily Property In Bremerton, WA For $48.5M

A multifamily property located at 1060 Insignia Loop in Bremerton, Washington has been sold for $48,500,000. The property spans across 6.2 acres and was transacted on 24th August 2022. The sale was facilitated by CBRE's brokers Eli Hanacek, Jon Hallgrimson, Mark Washington, and Kyle Yamamoto, representing the seller, Security Properties.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $48,500,000
• Address: 1060 Insignia Loop, Bremerton, WA
• Market: Bremerton, WA
• Acres: 6.2

This transaction involved the seller, Security Properties, and their representative brokers Eli Hanacek, Jon Hallgrimson, Mark Washington, and Kyle Yamamoto from CBRE. The sale price of $48,500,000 reflects the value of the multifamily property, which offers significant potential in the Bremerton market.