Updated Sep 1, 2026
Institutional Property Advisors Represents Buyer And Seller In $37 Million Vista Ridge Apartments Sale
201 Mountain Park Boulevard Southwest
$37,000,000
Units
91
Asset Type
MultiFamily
Closing
Aug 28, 2026
About this deal
AI
A 91-unit multifamily property, Vista Ridge Apartments, located at 201 Mountain Park Boulevard Southwest in Issaquah, WA, has been sold for $37,000,000. The property was sold at a price per unit of $406,593.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $37,000,000
- Units: 91
- Price Per Unit: $406,593
- Brokers: Philip Assouad, Giovanni Napoli, Ryan Harmon, Nicholas Ruggiero & Anthony Palladino - Institutional Property Advisors
The transaction involved the arrangement of acquisition financing by Brian Eisendrath, Cameron Chalfant, Jake Vitta, and Ray Allen, who were not mentioned as brokers but played a key role in facilitating the financial aspect of the deal.
On the Map
$37,000,000
MultiFamily
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Issaquah MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.43%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93