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.
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