United Dominion Realty Trust Inc. purchased the 220-unit Hearthstone at Merrill Creek Apartments in Everett, WA, for $38 million, or $173,000 per unit. The complex sold at a 5.03% capitalization rate and was 95% occupied at the time of sale.
United Dominion Realty Trust Inc. purchased the 220-unit Hearthstone at Merrill Creek Apartments in Everett, WA, for $38 million, or $173,000 per unit. The complex sold at a 5.03% capitalization rate and was 95% occupied at the time of sale.
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1901 Merrill Creek Pky, Everett, WA