Login

California Investor Pays Top Dollar for Suburban Seattle Multifamily Complex

Sale of Apartments in Bellevue’s Spring District Brings $175 Million
The 279-unit Arras apartments in Bellevue, Washington's Spring District was purchased for $175 million. (CoStar)
The 279-unit Arras apartments in Bellevue, Washington's Spring District was purchased for $175 million. (CoStar)
CoStar News
February 11, 2022 | 12:40 AM

A California investor purchased the 279-unit Arras apartment complex in Bellevue, Washington, for a price well above the average per-unit price for the Seattle suburb, a sign that Bellevue’s densification efforts are paying off in the form of increased investor interest.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE