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March 28, 2013

DSB Investments

Photo courtesy of DSB Investments [enlarge]
DSB paid $1.1 million for Glacier View Apartments.

Seattle-based developer DSB Investments bought the Glacier View Apartments at 5904 Highway Pl. in Everett for $1.12 million, or $86,000 per unit. The 13-unit complex was built in 1969 and renovated in 2009. The company said it has purchased 100 units for approximately $7.2 million since the third quarter of 2012. DSB represented itself and Saint Newton of Paragon Real Estate Advisors represented the seller, a private investor.




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