MARCUS & MILLICHAP MANAGES $2.23 MILLION EMERALD CITY MULTIFAMILY SALE

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SEATTLE — Marcus & Millichap has negotiated the nearly $2.23 million sale of the 43-unit Fairway Lanai, an apartment property located at 1807 South 118th Street in Seattle. Built in 1968, Fairway Lanai consists of 34 one-bedroom/one-bathroom units, eight two-bedroom/two-bathroom units and one large three-bedroom/three-bathroom unit. Marcus & Millichap’s Dan Swanson and Matthew Bohner represented the private-investor seller, and Swanson and the brokerage firm’s George Miller represented the buyer, also a private investor.

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