sold

Listings/Belmont Court Apartments

Belmont Court Apartments

Sale Price: $15,000,000

For more information about this property, please contact the listing broker.

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Sale Summary

The ownership group approached our team in September with the goal of selling the property before the end of the year. Through our extensive network, we were able to connect with a buyer who was conducting a 1031 exchange, and we facilitated a smooth transaction with a quick feasibility and closing process. The closing occurred well before the year-end, and the sale price exceeded both the assessed value and the sellers’ expectations. It was a successful outcome for all parties involved!

Property Details

Address
424 Belmont Ave E
City, State
Seattle, WA
Neighborhood
Capitol Hill
Units
32
Year Built
2000
Net Rentable SF
30,790

Sale Details

sale Date
December 6, 2021
Sale PRice
$15,000,000
Price per Unit
$468,750
Price per SF
$487

Location

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Belmont Court Apartments

424 Belmont Ave E
Seattle, WA 98102
Units: 32
Price: $15,000,000

Contact Us

Exclusive Listing Brokers

Call/Text: 206.414.8575