Properties For Sale

Auburn 4-Plex
SOLD $4,900,000

700 W Maple St, Monroe WA
29-units

The Athena Apartments sold off-market last week and our client was able to navigate these challenging financing times with the help of Michael Manolides, CPA, who locked in a 75% LTV at a low 3% interest rate. The Athena apartments was stabilized at a 6.22% cap rate and had significant upside trending up to a 7.66% cap rate.

The property had a good mix of 2B/1B units and 3B/1.5B townhouse style units.

Listing Agents

Aaron Locke
P: 206.774.5436
E: Email Aaron

Ethan Szmania
P: 206.774.5419
E: Email Ethan

Seattle Commercial Real Estate Brokerage With a Difference!