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May 22, 2019

Security Properties buys 512-unit complex for $136M

Real Estate Editor

Photo by Waterton Associates [enlarge]
Rents at the Mountlake Terrace property run from $1,305 to $2,310. It was developed in 1987.

The Taluswood Apartments, at 4208 236th St. S.W. in Mountlake Terrace, have sold for $136.3 million, according to Snohomish County records. The seller was WRPV XII Taluswood MT LLC, associated with Waterton Associates of Chicago, which acquired the property in 2015 for about $80.5 million.

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