Newmark Brokers $65.5M Sale Of 114-Unit Multifamily Property In Bainbridge Island, WA

The multifamily property located at 747 Hanami Ln NE in Bainbridge Island, WA has been sold in a closed transaction. The property consists of 114 units and was sold for a total price of $65,500,000, resulting in a per unit price of $574,561.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $65,500,000
• Units: 114
• Price Per Unit (PPU): $574,561
• Market: Bainbridge Island, WA

The sale of this multifamily property was facilitated by Marty Leith of Newmark, who represented the involved parties in the transaction.