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August 23, 2019

Beacon Hill apartment site sells for $4.2M

Real Estate Editor

Rendering by Weinstein A+U [enlarge]
The 67-unit project has finished design review, but no construction permit has been issued.

A development site at 1405 S. Bayview St. on Beacon Hill has sold for $4.2 million, according to King County records. The seller was BIHI LLC, associated with Pacific Housing NW, which acquired the property in 2016 for $1.9 million and then successfully took a 67-unit apartment project through design review.

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