Junction Flats & Junction Landing

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Sale Price: $58,300,000

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

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Sale Summary

Press

Testimonial

“Me and my partners have been developers for decades, but do not often sell. We hired the Simon Anderson Team to sell our new construction 62-unit and 80-unit buildings in West Seattle and could not be happier with the results.

They follow through on all commitments, put together outstanding marketing materials, and created a lot of competition, achieving terrific sales prices for us. They are highly reliable, good communicators, and we believe we made an excellent choice trusting them with these sales.”

– Kevin K., Seattle

Case Study

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Property Details

Address

4417 & 4433 42nd Ave SW

City, State

Seattle, WA

Neighborhood

West Seattle

Total Units

142

Sale Details

Sale Date

April 19, 2022

Sale Price

$58,300,000

Price per Unit

$410,564

Price per SF

$744

Cap Rate

3.8%

Location

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sold

Junction Flats & Junction Landing

4417 & 4433 42nd Ave SW
Seattle, WA 98116
Units: 80 + 62
Price: $58,300,000

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Location Overview

Residents located in the Junction are right in the heart of Downtown West Seattle. With over 45+ restaurants and more than 50 retailers within walking distance gives tenants the accessibility to everything they would need.

The Junction

West Seattle is renowned for it’s beautiful views, laid back vibe and it’s variety of restaurants. The junction is known as the neighborhood that has everything from smoked meats to delicious sushi and even Hawaiian smoked chicken. The Junction offers a delicious diverse option for everyone.

Less than 2 miles away is the famous Alki Beach Park that visitors are able to enjoy restaurants, spectacular views of Downtown and a refreshing outdoor lifestyle.