Jackson Square Properties Sells 270-Unit Cascade Ridge In Silverdale WA For $79.5 Million

The property involved in the transaction is a multi-family asset located at 1206 Northwest Tahoe Lane in Silverdale, WA. It spans across 16.5 acres and consists of 270 units, which were sold for a price of $79,500,000, equating to a price per unit of $294,444.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $79,500,000
• Address: 1206 Northwest Tahoe Lane
• Market: Silverdale, WA
• Units: 270
• Price Per Unit: $294,444
• Seller: Jackson Square Properties
• Brokers: Eli Hanacek, Natalie Kasper, Mark Washington & Kyle Yamamoto - CBRE

Jackson Square Properties sold Cascade Ridge, a 270-unit garden-style apartment community, with representation in the transaction provided by CBRE’s Eli Hanacek, Mark Washington, Kyle Yamamoto, and Natalie Kasper.