Security Properties Sells Woodstone Apartments in Bothell, Washington for $34.7M

BOTHELL, WASH. — Security Properties has completed the disposition of Woodstone Apartments, a multifamily property located at 16520 North Road in the Seattle suburb of Bothell. An undisclosed buyer acquired the asset for $34.7 million.

Eli Hanacek, Mark Washington, Kyle Yamamoto and Natalie Kasper of CBRE represented the seller in the deal.

Built in 1989 on 6.4 acres, Woodstone Apartments features 124 one-, two- and three-bedroom units, 86 percent of which are renovated. Community amenities include a pool, spa, fitness center, playground and clubhouse.