Freestone Capital Management Acquires 106-Unit Multifamily Property In Seattle For $32.25M

Aperture on Fifth is a 106-unit multifamily property located at 206 5th Avenue North in Seattle, WA. The property was sold for $32,250,000, resulting in a price per unit of $304,245.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $32,250,000
• Units: 106
• Price Per Unit: $304,245
• Buyer: Freestone Capital Management
• Broker: Giovanni Napoli, Philip Assouad, Ryan Harmon, Nicholas Ruggiero & Anthony Palladino - Institutional Property Advisors
• Sale Date: 08/26/2026
• Market: Seattle, WA

The sale was facilitated by Institutional Property Advisors, a division of Marcus & Millichap, marking a notable transaction in Seattle’s Denny Triangle neighborhood. The seller of the property was PrivatePortfolio Group.