Pine Forest Properties Sells Juniper Ridge Multifamily Complex In Bellevue For $17.5M

The property involved in this transaction is the 44-unit Juniper Ridge complex located at 12112 Southeast 31st Street, Bellevue, WA. The sale was completed on November 19, 2025, for a total of $17.5 million, translating to approximately $397,727 per unit.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $17,500,000
• Units: 44
• Price Per Unit: $397,727

Pine Forest Properties successfully sold the Juniper Ridge complex to a private investor, facilitated by Institutional Property Advisors. The deal was represented by brokers Philip Assouad, Giovanni Napoli, Ryan Harmon, Nicholas (Nick) Ruggiero, and Anthony Palladino.