The Ballard 57 apartments at 1731 NW 57th St have just sold for $10.9 million. The 48-unit building was developed by 1731 NW 57th LLC, a company which bought the land in 2014 for $910,000, according to the Seattle Daily Journal of Commerce.
The apartment building consists of “energy efficient” studios and one-bedroom apartments. According to Zillow, the studios start at $1,250, while the one-bed, one-bathroom apartments start at $1,450. The apartment building also has a rooftop deck and lounge.
According to King County Records, the buyer is WC Seattle V SPE LLC, associated with the Wilshire Capital Partners of greater Los Angeles.