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SEATTLE — Northmarq has arranged the sale of Aldercrest Apartments, a 47-unit community located at 303 10th Ave. in Seattle’s First Hill district. An entity doing business as 303 10th Ave LLC purchased the property for $13.1 million. Tyler Smith, Steve Fischer, Joe Kinkopf, Brendan Greenheck, Taylor Wymna and Matt Johnson of Northmarq’s Seattle Multifamily Investment Sales team represented the undisclosed seller in the deal.
Aldercrest Apartments was built in 1999. The property offers studio, one- and two-bedroom floor plans. Apartments feature nine-foot ceilings, bay windows and in-unit washers and dryers. Amenities include landscaped grounds, controlled access, gated underground parking and 24-hour emergency maintenance.