Weidner Apartment Homes Acquires Uptown At Kirkland Urban Apartments In Kirkland, WA For $89.5M

The 185-unit Uptown at Kirkland Urban apartments, located at 550 Uptown Ct in Kirkland, Washington, have been acquired by Weidner Apartment Homes for $89.5 million. The multifamily property spans across 7.7 acres.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $89,500,000
• Units: 185
• Price Per Unit: $483,784
• Square Feet: 184,000
• Price Per Square Foot: $486
• Date: 12/06/2023
• Market: Kirkland, WA

The buyer, Dean Weidner from Weidner Apartment Homes, completed the acquisition. The seller in this transaction was PGIM.

Note: Weidner Apartment Homes, based in Kirkland, Washington, has acquired the 185-unit Uptown at Kirkland Urban apartments for $89.5 million.