Waterford Apartments Sells For $53.3M In Everett Washington With Broker Marty Leith Of Newmark

Waterford Apartments, located at 2020 Lake Heights Drive in Everett, Washington, is a 200-unit multifamily community that recently sold for $53.3 million. This sale equates to a price per unit of $266,500 and signifies the highest-priced apartment sale in the city since May 2023.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $53,300,000
• Units: 200
• Price Per Unit: $266,500
• Broker: Marty Leith - Newmark
• Mortgage Broker: Alec Newman - Newmark

Marty Leith and Alec Newman from Newmark played pivotal roles in this transaction, with Leith representing the seller and Newman serving as the mortgage broker for the deal.