Investment In Addison Grove Multifamily Development Completed For $2.75M In Puyallup, WA

The property involved in this transaction is a multifamily development located at 17753 78th Avenue East in Puyallup, Washington. The site has been slated for the construction of 102 units and was sold for $2,750,000, translating to a price per unit of $26,961.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,750,000
• Units: 102
• Price Per Unit: $26,961
• Broker: Dylan Simon
• Agency: Kidder Mathews
• Market: Puyallup, WA

Dylan Simon from Kidder Mathews was the broker representing the transaction, facilitating the sale of the site intended for the multifamily development known as Addison Grove.