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Kidder Mathews Arranges Sale of 45-Unit Multifamily in Walla Walla
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Suncrest Apartments, a 45-unit multifamily community located at 1800 Evergreen Street in Walla Walla, Washington, has sold for $4.3 million.

Kidder Mathews Vice President Max Frame of the Simon | Anderson Multifamily Team in Seattle represented the seller, Art Griff, in the transaction. The buyer was Jason Zook. Situated on 1.72 acres, Suncrest Apartments consists primarily of two-bedroom units and offers investors a value-add opportunity. The sale represents the property’s first change of ownership in 45 years, with Kidder Mathews serving as the sole brokerage firm involved.

“Properties that have been held by the same owner for nearly half a century don’t come to market often,” said Frame. “Suncrest offered a rare opportunity to acquire an established apartment community with significant value-add potential. The size of the transaction also speaks to the investment opportunities we’re seeing in markets outside Washington’s major metropolitan areas.”

The post Kidder Mathews Arranges Sale of 45-Unit Multifamily in Walla Walla appeared first on Connect CRE.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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