SEATTLE — AvalonBay Communities has completed the sale of AVA Ballard, a 265-unit asset located at 5555 14th Ave. NW in the Ballard neighborhood of Seattle, to an undisclosed buyer for $105.5 million. Eli Hanacek, Mark Washington and Kyle Yamamoto of CBRE represented the seller in the transaction.
Built in 2013, AVA Ballard offers studio, one- and two-bedroom apartments averaging 717 square feet. Units feature quartz countertops, stainless steel appliances, plank hardwood-style flooring and washers and dryers.
Amenities include a rooftop lounge, barbecues and a dog run; clubroom with media lounge, arcade games and lounge seating; fitness studio; and inner courtyards with barbecues, fire pits and lounge seating. Residents have access to rentable storage units and electrical vehicle chargers. The property also includes 12,000 square feet of ground-floor retail space.