Updated Sep 8, 2025
Lee & Associates Brokers $10.3M Sale Of Equinox Apartments In Seattle's Fremont Neighborhood
711 North 35th Street
$10,300,000
Units
28
Asset Type
MultiFamily
Closing
Sep 4, 2025
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 711 North 35th Street in Seattle, WA. The property comprises 28 units and was sold for a total transaction price of $10,300,000, with a price per unit of $367,857. The sale included $1.4 million specifically attributed to a cell tower on the premises.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $10,300,000
- Units: 28
- Price Per Unit: $367,857
- Address: 711 North 35th Street
- Market: Seattle, WA
The transaction was brokered by the Northwest Multifamily Team at Lee & Associates, consisting of Candice Chevaillier, Daniel Lim, Dea Sumantri, and Sara Bago. They facilitated the sale of the Equinox Apartments, showcasing their expertise in the Fremont neighborhood.
On the Map
$10,300,000
MultiFamily
View full map
Players
Seattle MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Candice Chevaillier to view all their deals.
Browse Seattle multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.54%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93