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Berkshire Residential Investments Acquires 136-Unit Walton Lofts In Seattle For $55.7M

Property Image
SOLD
$55,700,000

Washington

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MultiFamily
Sold 11/26/2025
the dealdetailscomps
Property Image
SOLD

Berkshire Residential Investments Acquires 136-Unit Walton Lofts In Seattle For $55.7M

75 Vine Street

See Similar Deals
MultiFamily
Sold 11/26/2025
the dealdetailscomps

Summary

WASHINGTON
Asset Type:MultiFamily
Transaction Type:Sale

The property involved in the transaction is a 136-unit multifamily asset located at 75 Vine Street in Seattle, WA. It was sold for $55,700,000, equating to approximately $409,559 per unit. The property, known as Walton Lofts, was built in 2015 and offers a mix of studio to two-bedroom units with rents starting at $1,990.

Summary of transation details:

  • Property Type: MultiFamily
  • Transaction Amount: $55,700,000
  • Units: 136
  • Price Per Unit: $409,559
  • Buyer: Berkshire Residential Investments
  • Seller: Clarion Partners
  • Financing: $36.4 million loan from Wells Fargo

This transaction was executed on 11/26/2025, demonstrating a significant investment by Berkshire Residential Investments in the Seattle market, previously acquired by Clarion Partners for $76 million in 2016.

Players

Berkshire Residential Investments
Berkshire Residential Investments
BUYER
Clarion Partners
Clarion Partners
LANDLORD

Details

SOLD
IMAGE: 11/26/2025 ADDRESS: 75 Vine Street MARKET: Seattle, WA ASSET TYPE: MultiFamily BUYER: Berkshire Residential Investments SALE PRICE: $55,700,000 UNITS: 136 ~ PPU: $409,559 NOTE: Berkshire Residential Investments acquired the 136-unit Walton Lofts in Seattle for $55.7 million, or $409,558 per unit, from Clarion Partners, which bought the property for $76 million in 2016. The deal was financed with a $36.4 million loan from Wells Fargo, and the property, built in 2015, offers studio to two-bedroom units with rents starting at $1,990.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$197,890.33
Cash-on-Cash Return-1.27%
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