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Fairwood Landing
Sale Price: $61,000,000
For more information about this property, please contact the listing broker.
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Sale Summary
Press
- 195 Renton units trade for $61M
- Bay Area investor adds third Puget Sound-area property to portfolio
- 195-Unit Fairwood Landing in Renton Sells for $61MM
- Sack Properties Buys Fairwood Landing Apartment Complex in Renton, Washington, for $61M
- Sack Properties Buys Seattle-Area Community for $61M
Case Study
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Quote
“We were extremely pleased to meet the needs of our Seller by achieving a record price well-beyond its expectations and doing so on an off-market basis to ensure no disruption in its operation of their building. The sale was closed quickly and smoothly and was truly a win-win.” – Dylan Simon
Property Details
ADDRESS
14121 SE 177th St
CITY, STATE
Renton, WA
TOTAL UNITS
195
Sale Details
SALE DATE
May 25, 2022
SALE PRICE
$61,000,000
PRICE PER UNIT
$313,000
Cap Rate
3.8%
Location
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