Luxury apartment company buys Sunset Bowl

We have an update now on the story that Sunset Bowl has sold. After getting a tip from a comment on The Stranger’s blog, I did a tax records search and discovered Sunset Bowl sold for $13.1 million to Avalon Ballard LLC, of which has an address that tracks back to Avalon Bay Communities. (See a .pdf of the warranty deed of the sale here.) A quick Google reveals it “is in the business of developing, redeveloping, acquiring and managing high-quality apartment communities in the high barrier-to-entry markets of the United States.” So, it looks like there’s a good chance Sunset Bowl will be torn down for some new apartments. (Thanks, tomasyalba for the research tip.)

Update: The PI confirms the buyer and says it will close in mid-April.


Leave a Reply

Please Login to comment
  Subscribe  
Notify of
Advertisement