CentrePointe Greens, a class B garden-style multifamily property in Everett, Washington traded hands in a recent sale. CBRE’s Eli Hanacek, Mark Washington and Kyle Yamamoto represented the seller.
CentrePointe Greens was built in 1990 and includes 186-units across three stories. The majority of the units at CentrePointe Greens have been updated and are achieving rent premiums. Community amenities include a renovated fitness center, a clubhouse, an indoor pool and spa, a playground, and a dog park. The property is pet-friendly with few restrictions.
The property is adjacent to Kasch Park and the Walter E. Hall Park and Golf Course, with many units offering greenbelt and golf course views. Nearby amenities include diverse dining and shopping experiences by exploring the nearby shopping centers and restaurants.
The community is in the High-Tech Corridor near the region’s largest employers and an abundance of high-paying jobs in aerospace, tech, biotech, and manufacturing. Additionally, it is close to sought-after lifestyle destinations including Harbour Pointe Golf Course and the Mukilteo Ferry Landing and within a 30-minute drive of downtown Seattle and Bellevue.
CBRE Group, Inc., a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.