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California Multifamily Investor Buys Apartments in Fast-Growing Eastern Washington City

Seattle Firm Sells 300-Unit Crossings at Chapel Hill For 46% More Than 2019 Acquisition Price
The Crossings at Chapel Hill in Pasco, Washington, was built over two phases in 2012 and 2016. (CoStar)
The Crossings at Chapel Hill in Pasco, Washington, was built over two phases in 2012 and 2016. (CoStar)
CoStar News
August 1, 2023 | 8:04 P.M.

A multifamily investment firm bought apartments for a 47% higher than the property's last selling price in 2019 in an example of strong investor interest in Washington's fast-growing Tri-Cities region.

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