Kidder Mathews Sells 65-Unit Dexter Hayes for $18.85M

119
Dexter Hayes
Dexter Hayes is Seattle living overlooking Lake Union with everything you need for a modern, elegant and efficient lifestyle. Connectivity to Queen Anne nightlife, downtown businesses, and the greenbelts and walking trails of Westlake provide flexibility within your own personal sanctuary.

Kidder Mathews is pleased to announce the sale of Dexter Hayes, a 65-unit, Class A apartment building located at 1701 Dexter Avenue N. in the vibrant Westlake neighborhood of Seattle, Washington.

The property sold for $18,850,000, equating to $290,000 per unit. Dylan Simon, Jerrid Anderson, Matt Laird, and JD Fuller, of the Simon and Anderson team at Kidder Mathews’ Seattle headquarters, represented the seller and directly sourced the buyer.

Constructed in 2016, Dexter Hayes offers panoramic views of Lake Union and the Seattle skyline. The property boasts modern design, high-end finishes, and amenities including spacious floor plans, large windows, a clubhouse, a rooftop deck, and an open-air central courtyard.

“The sale of Dexter Hayes is a testament to the strong demand for quality assets in prime urban locations,” said Simon. “This transaction underscores the strong demand for premium multifamily assets and reinforces our leadership in the Seattle real estate market. We’re proud to have facilitated this successful sale and look forward to more opportunities to represent local apartment owners.”

The apartment brokerage team led by Dylan Simon and Jerrid Anderson of Kidder Mathews represents apartment investors, developers, and landowners in the sale and purchase of apartment buildings and development land across the entire State of Washington. The team of 10 brokerage professionals specializes in the sale and purchasing of apartment buildings and development land from $1 million to more than $100 million.

Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with over 900 professionals in 19 offices across Washington, Oregon, California, Idaho, Nevada, and Arizona. We offer a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. Kidder Mathews averages over $10 billion in transaction volume, manages 55 million square feet of space, and conducts 2,600 appraisal, consulting, and cost segregation assignments annually.