Colliers’ Multifamily Team Connects Buyer and Seller for Value-Add Acquisition of 16-Unit Apartment Community
SEATTLE, Wash. – February 18, 2022 – Colliers today announced the successful sale of Julianne Apartments, a 16-unit apartment community located at 3249 S 160th St. in SeaTac, Washington. Multifamily experts Tim McKay, Dan Chhan, Sam Wayne, Matt Kemper and Adam Groberman led the Colliers team, who represented both parties in the transaction. The sale closed today for $2,550,000.
“Julianne presented a great opportunity to acquire a value-add property in a submarket poised for growth,” said Wayne. “The SeaTac area is becoming increasingly attractive to residents and investors alike, due to its easy access to freeways and good proximity to employment centers in Tacoma, Kent Valley and Seattle.”
Julianne’s garden style construction features large floorplans and lots of parking. The property is just a short walk from the Tukwila International Boulevard light rail station, which provides quick access to the Airport and downtown Seattle. Additionally, Julianne is a 5-minute drive from countless entertainment and retail amenities at the Southcenter Mall.