Berkadia Sells 40-Unit Multifamily Community In Kennewick, Washington For $5.85M

720 North Arthur Street, a 40-unit garden-style multifamily community in Kennewick, Washington, has been sold for a total price of $5,850,000. The property, consisting entirely of three-bedroom apartments, has an average size of 1,200 square feet. It was sold at a per-unit price of $146,250 or $122 per square foot.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,850,000
• Units: 40
• Price per Unit: $146,250

Berkadia brokers Beau Krueger, Brandon Lawler, Chad Blenz, Jay Timpani, Mitchell Belcher, and Steven Chattin facilitated the sale of 720 North Arthur Street in Kennewick, WA.