The group FSC Pacific Park Associates LLC acquired the 177-unit Pacific Park Apartments in Edmonds, WA, for $11.7 million, or about $66,102 per unit, with a cap rate of 6.5%. The complex was 95% occupied at the time of sale.
The group FSC Pacific Park Associates LLC acquired the 177-unit Pacific Park Apartments in Edmonds, WA, for $11.7 million, or about $66,102 per unit, with a cap rate of 6.5%. The complex was 95% occupied at the time of sale.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In