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December 28, 2022

Student housing goes for over $4M

SEATTLE — A student-oriented rooming house at 4714 17th Ave. N.E. sold before Christmas for $4.5 million, according to King County records. The seller was a family group that acquired the property in 1995 for $305,000.

The buyer was UW Rooming Houses LLC, which is associated with a Mercer Island investor. Public records indicate a loan from Seattle Bank.


 
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