Cushman & Wakefield Facilitates $7.285M Sale Of Burien Multifamily Property

The Stratford Square Apartments in Burien, Washington, a suburb of Seattle, were recently sold for $7.285 million. The multifamily property consists of 32 units spread across garden-style buildings and duplexes located at 12707-12733 13th Lane Southwest in the Burien market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,285,000
• Units: 32
• Price Per Unit: $227,656
• Buyer's Representative: Dan Chhan, Dylan Roeter, Jacob Odegard, Matt Kemper & Tim McKay - Cushman & Wakefield
• Seller's Representative: Jon Breiner & Nick Hemming - Paragon Real Estate Advisors

Cushman & Wakefield played a crucial role in facilitating the transaction, connecting the seller, Stratford Square LLC, with a Local Family Operator who acquired the property. The sale of the multifamily asset was successfully completed, signifying a significant transaction in the Burien market.