RISE Properties Trust & Swig Company Acquires Multifamily Property For $65.5M In Seattle, WA

The multifamily property located at 2709 17th Ave S in Seattle, WA has been sold for a price of $65,500,000. The property consists of 139 units, with a price per unit of $471,223. It was a closed transaction between the buyers, RISE Properties Trust & Swig Company, and the seller, Stephanie Ting.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $65,500,000
• Units: 139
• Price Per Unit: $471,223

The buyers were represented by the Simon & Anderson team from Kidder Matthew brokerage. This deal marks a significant transaction in the multifamily market in Seattle, WA.