Colina Apartments, a newly constructed, mixed-use apartment building located in Seattle's Beacon Hill neighborhood sold for $65.5 million.
The 139-unit luxury apartment community is located at 2709 17th Avenue South, directly next to the Beacon Hill Light Rail Station. Construction was completed in 2021, and Colina reached full occupancy in early 2022. The two-building property sits at the 50-yard line of this rapidly urbanizing community atop Beacon Hill. The community features two rooftop decks, retail amenities, and access to job centers in downtown Seattle and Bellevue.
Dylan Simon and Jerrid Anderson of the Simon and Anderson team of Kidder Mathews brokered the deal.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
