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October 14, 2024
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Washington State Multifamily Community Gets New Owner

9/13/24

CentrePointe Greens, a 186-unit garden-style multifamily property in Everett, WA, traded hands in a recent sale. Located at 8600 18th Ave. W, the property was built in 1990 and features one-, two- and three-bedroom units averaging 835 sf in size.

Photo: Mark Grifith
Photo: Mark Grifith
The majority of the units at CentrePointe Greens have been updated and are achieving rent premiums. Community amenities include a renovated fitness center, a clubhouse, an indoor pool and spa, a playground, and a dog park. The property is adjacent to Kasch Park and the Walter E. Hall Park and Golf Course, with many units offering greenbelt and golf course views.

CBRE’s Eli Hanacek, Mark Washington and Kyle Yamamoto represented the seller.

The community is in the High-Tech Corridor near the region’s largest employers and an abundance of high-paying jobs in aerospace, tech, biotech, and manufacturing. Additionally, it is close to sought-after lifestyle destinations including Harbour Pointe Golf Course and the Mukilteo Ferry Landing and within a 30-minute drive of downtown Seattle and Bellevue.





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