Updated Nov 5, 2026
Thomas E. Faust Jr. Of Eaton Vance Management Acquires Multifamily Complex In Seattle For $87.3M
4200 South Othello Street
$87,300,000
Units
359
Asset Type
MultiFamily
Closing
Nov 3, 2026
About this deal
AI
The transaction involved the sale of a multi-family asset located at 4200 South Othello Street, Seattle, WA. The property consists of 359 units and was sold for a total price of $87,300,000, equating to a per-unit price of $243,175.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $87,300,000
- Units: 359
- Price Per Unit: $243,175
- Buyer: Thomas E. Faust Jr. - Eaton Vance Management
- Seller: Woodbridge Northwest
- Market: Seattle, WA
Eaton Vance, a subsidiary of Morgan Stanley, acquired the property known as Assembly118 from Woodbridge Northwest, a developer based in Vancouver. This acquisition highlights Eaton Vance Management's investment in the Seattle multi-family market.
On the Map
$87,300,000
MultiFamily
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Lind MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.18%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93