Bill Moore Of Round Lake LLC Acquires Queen Anne Manor Senior Housing In Seattle For $17.5M

The asset involved in the transaction is a senior housing property located at 100 Crockett Street in Seattle, WA. The property was acquired for $17,500,000, reflecting a significant investment in the area. This facility is known as Queen Anne Manor, a historic senior living site, and is set to receive improvements under the management of CarePartners Senior Living, a subsidiary of Round Lake LLC.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $17,500,000
• Buyer: Bill Moore - Round Lake LLC
• Seller: Capitol Seniors Housing
• Market: Seattle, WA

Bill Moore represents Round Lake LLC in this acquisition, marking their first investment in Seattle. Capitol Seniors Housing, the seller, previously sold this property nine years ago for 43% more than the recent sale price. Round Lake LLC operates over 30 properties through its CarePartners Senior Living subsidiary across Washington and Arizona.