Security Properties buys 159-unit, SKY Sammamish Apartments, in Washington state for $71M ($446,541/unit) from MainStreet, HAL JV

8/29/2024

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RENTV

• Subcategory: MF: Market Rate

• Tag: JV-Partnership | Sale

• Additional Filters-Subcategory: MF: BTR-Townhome, MF: Midrise

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

SKY Sammamish, a 159-unit multifamily property in Sammamish, WA, traded hands in a $71 mil ($446k/unit) transaction. Located at 22526 SE 4th St, the property consists of one-, two- and three-bedroom units and two-story townhomes with private entrances.