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40-Unit Apartment Building in Seattle’s University District Trades for $6M
Ponderay Apartments, a 40-unit multifamily property located at 5625 15th Ave NE in Seattle’s University District, sold for $6.26 million, equating to $156,625 per unit. Built in 1963, the property totals 21,540 square feet and consists of 22 one-bedroom units and 18 studio apartments. The studios average 478 square feet, while the one-bedroom units average ... The post 40-Unit Apartment Building in Seattle’s University District Trades for $6M appeared first on Connect CRE .
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