Vista Investment Group Acquires Seattle Multifamily Portfolio From John Stephanus For $35.2M

A multi-family property portfolio, consisting of three apartments located at 1705 Belmont Avenue, 1330 Boren Avenue, and 527 Eastlake Avenue East in Seattle, WA, has been sold for $35,200,000. The portfolio comprises a total of 215 units with a price per unit of $163,721.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $35,200,000
• Buyer: Vista Investment Group
• Seller: John Stephanus
• Units: 215
• Price Per Unit: $163,721

The transaction was brokered by Kidder Mathews, with a team comprising John Stephanus, Dylan Simon, Jerrid Anderson, Matt Laird, and JD Fuller representing both the seller, John Stephanus, and the buyer, Vista Investment Group.