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Seattle Multifamily Property Comps at $290k/Unit

7/10/24

In a recent multifamily comp out of Seattle, Dexter Hayes, a 65-unit, Class A apartment building, traded for $18.85 mil, or $290k/unit. The property is located at 1701 Dexter Avenue N. in the city’s vibrant Westlake neighborhood.

Constructed in 2016, Dexter Hayes offers panoramic views of Lake Union and the Seattle skyline. The property boasts modern design, high-end finishes, and amenities including spacious floor plans, large windows, a clubhouse, a rooftop deck, and an open-air central courtyard.

Dylan Simon, Jerrid Anderson, Matt Laird, and JD Fuller with Kidder Mathews represented the seller and directly sourced the buyer.




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