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Investor Buys The Edge Apartments for $3.8M

21-Unit Complex in Queen Anne Trades in 1031 Downleg
By Jon Moore
January 27, 2010 | 1:01 P.M.

Granite Peak Partners Inc. sold The Edge Apartments at 620 Ward St. in Seattle for $3.82 million, or about $182,000 per unit. The buyer is a private individual who used the property as a downleg in a 1031 exchange.

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  • Properties