(Read more on the multifamily market.)

SEATTLE, WA-Unico Properties LLC, a locally headquartered real estate investment and operating company is planning to develop modular multifamily apartment buildings in Seattle and Portland within the next two years. The buildings would be created by stacking 50- to 100 individual, prefabricated, modular units that are similar in size to a standard 20-foot by 40-foot multimodal shipping container.

Branded “inhabit” by Unico, the eco-friendly, high-tech boxes will each total about 650 sf and can be combined to create larger units. A single unit would include a kitchen, a bathroom, one bedroom and a combined dining-living area. The units will come prewired such that lighting, audio and video systems can be centrally controlled, manually or by computer, in person or remotely.

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