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August 17, 2021

72 Kenwood units sell for $12M

By JOURNAL STAFF

SEATTLE — The Hillcourt Apartments, at 3022 N.E. 140th St., have sold for just under $12 million, according to King County records. The seller was Maui Group LLC, which acquired the property in 1999 for $6 million.

The buyer was CRE North Seattle Partners LLC, which is associated with of Cadence Real Estate, which often makes value-add investments. Public records indicate a nearly $15 million loan from Readycap commercial.


 
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