The Jacobson Company Sells Multifamily Property In Seattle For $90M

The multi-family property located at 241 Yale Ave N in Seattle, WA was recently sold in a closed transaction by The Jacobson Company. The deal was facilitated by Larry Jacobson from CBRE. The property consists of 172 units and was sold for a price of $90,000,000, resulting in a per unit price of $523,256.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $90,000,000
• Units: 172
• Price Per Unit: $523,256
• Seller: The Jacobson Company - Larry Jacobson
• Broker: CBRE

Larry Jacobson, representing The Jacobson Company, acted as the seller in this transaction. CBRE served as the brokerage firm responsible for facilitating the deal.