Just Sold: Riverton View in Tukwila, WA

Announcing the successful sale of Riverton View, a 24-unit value-add multifamily property located in Tukwila, Washington, for $3,340,000.

This transaction was expertly handled by JD Fuller and Dylan Simon of the Simon | Anderson Multifamily Team at Kidder Mathews , who represented the seller.

? Key Highlights of the Deal:

• Value-Add Opportunity: Riverton View presents significant rental upside potential through strategic renovations, making it an attractive investment for buyers looking to maximize returns.
• High Demand: The property garnered 8 competitive offers, showcasing the strong interest in multifamily assets in the PNW.
• Efficient Closing: The deal closed in just 90 days from the execution of the Purchase and Sale Agreement (PSA), reflecting the team’s ability to navigate the transaction process seamlessly.

?? Why This Matters:

Riverton View is a prime example of the continued demand for multifamily properties in the PNW market, particularly those with value-add potential. Investors are actively seeking opportunities to enhance properties and capitalize on the region’s strong rental market.

?? Contact the Experts:

If you’re considering buying or selling multifamily properties in the PNW, reach out to the Simon | Anderson Multifamily Team for unparalleled expertise and results.

• JD Fuller : 206.665.3272
• Dylan Simon : 206.414.8575

Let’s talk about how we can help you achieve your real estate goals!

If you want to enter the next real estate cycle a big winner, you can READ ON

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