GT Capital And Jason Mann Of Freestone Capital Management Acquire Lock Vista Apartments In Seattle For $43.7M

The multi-family asset involved in this transaction is located at 3025 Northwest Market Street in Seattle, WA. The property was acquired for $43,700,000, featuring a total of 192 units, which translates to a price per unit of $227,604. It has recently undergone a renovation costing $13 million and is situated near major employers and waterfront amenities.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $43,700,000
• Units: 192
• Price Per Unit: $227,604
• Renovation Cost: $13,000,000
• Market: Seattle, WA
• Address: 3025 Northwest Market Street

This transaction was a joint venture between GT Capital and Jason Mann representing Freestone Capital Management, indicating a collaborative effort in acquiring Lock Vista Apartments in Seattle’s Ballard neighborhood.