SEATTLE – August 14, 2017 – Berkadia today announced the recent $60.7 million sale of Carroll’s Creek Landing, a multifamily property in the Seattle suburb of Marysville, Washington. Senior Managing Director Kenny Dudunakis and Directors David Sorensen and Ben Johnson of Berkadia’s Seattle office represented the seller, Maryland-based Gateway Trident LLC. The buyer was JRK Property Holdings, and the deal closed on August 1.
“With large floor plans at half the price of similar units in King County, Carroll’s Creek Landing offers a great living option for families in the area,” said Dudnakis. “JRK Property Holdings specializes in providing attractive affordable housing, and we were excited to work with them on this acquisition.”
Built in 2002, Carroll’s Creek Landing is located at 18111 25th Ave., affording convenient access to several nearby shopping centers. The property features two-, three- and four-bedroom apartments with dishwashers, patios and walk-in closets. Residents can also enjoy several community amenities, including a welcome center, a basketball half-court, a clubhouse with a fireside lounge and a barbeque and picnic area.