CBRE Brokers .5 Million Sale of 190-Unit Neely Station Apartment Community in Auburn, Washington for Goodman Real Estate

AUBURN, WA - CBRE announced the $44.5 million sale of Neely Station, a 190-unit multifamily community in Auburn, Washington, to a confidential buye...

September 27, 2022
7:51 AM

AUBURN, WA - CBRE announced the $44.5 million sale of Neely Station, a 190-unit multifamily community in Auburn, Washington, to a confidential buyer. Eli Hanacek, Jon Hallgrimson, Mark Washington and Kyle Yamamoto with CBRE's Pacific Northwest-based multifamily team represented the seller, Goodman Real Estate Inc. The property is located at 1433 8th Street NE in Auburn, a suburb south of Seattle. Built in 1968, the garden-style community consists of 25 two-story buildings on 9.5 acres. Neely Station has one-, two- and three-bedroom floorplans with an average apartment size of 850 sq.