Weidner Apartment Homes Acquires Uptown At Kirkland Urban Apartments In Kirkland, WA For $89.5M | 550 Uptown Court washington | MultiFamily | Sale

Summary

Sale

WASHINGTON

MultiFamily

184,000 sqft

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.

Details

Deal Summary

SOLD

IMAGE: Dean Weidner DATE: 12/06/2023 ADDRESS: 550 Uptown Ct MARKET: Kirkland, WA ASSET TYPE: Multifamily ~ ACRES: 7.7 BUYER: Dean Weidner - Weidner Apartment Homes SELLER: PGIM SALE PRICE: $89,500,000 UNITS: 185 ~ PPU: $483,784 SF: 184,000 ~ PPSF: $486 NOTE: Weidner Apartment Homes, based in Kirkland, Washington, has acquired the 185-unit Uptown at Kirkland Urban apartments for $89.5 million.

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Address550 Uptown Court washington

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