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San Francisco Investor Pays Hefty Mark Up for Eastside Seattle Apartments

Woodinville Complex Commands More Than $400,000 Per Unit
BPM Real Estate Group has sold Chateau Woods in Woodinville, Washington, for 53% more than it paid when it acquired the property in 2013. (CoStar)
BPM Real Estate Group has sold Chateau Woods in Woodinville, Washington, for 53% more than it paid when it acquired the property in 2013. (CoStar)
By Clare Kennedy
CoStar News
December 3, 2020 | 1:24 AM

A partnership led by San Francisco-based Sack Properties has paid $45.8 million for Chateau Woods, a 114-unit luxury apartment building in a suburb on the east edge of the Seattle metropolitan area where tech companies are expanding.

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