SEATTLE-Goodman Real Estate has paid $12.56 million for Downtowner Apartments, a 240-unit complex in the Seattle's International District. The Seattle firm has bought the multifamily property from a general partnership based in New York.
The nine-story apartment building, constructed in 1910, is situated at 308 4th Avenue S. Goodman has plans to renovate common areas, interiors of all apartments, retail space and roof and rework the electrical and plumbing systems. Currently, about 90% tenants are residing in the building. For the full story, go to Puget Sound Business Journal .
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