Pacific Urban Investors Acquires A’Capella Apartment Homes In Lynnwood For $112 Million

The 387-unit A’Capella Apartment Homes located at 15001 35th Avenue West in Lynnwood, WA, was sold for $112 million. The property is categorized as multifamily and has a price per unit of $289,406.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $112,000,000
• Address: 15001 35th Avenue West
• Market: Lynnwood, WA
• Units: 387
• Price Per Unit: $289,406
• Buyer: Alfred Pace - Pacific Urban Investors
• Seller: Weidner Apartment Homes
• Seller's Representative: CBRE

Alfred Pace represented Pacific Urban Investors in the acquisition of the property from Weidner Apartment Homes, with CBRE acting on behalf of the seller in this transaction.