Properties For Sale
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.
Seattle Commercial Real Estate Brokerage With a Difference!
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