Kidder Mathews Sells Spokane’s Cornerstone Apartments

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This week, Max Frame of the Simon and Anderson team, a multifamily investment team at Kidder Mathews, sold the Cornerstone Apartments in Spokane. This is the team’s ninth apartment sale in Spokane this year. Kidder Mathews represented the buyer in the sale and were the only brokers involved.

The Cornerstone Apartments comprise 14 units built in 1993, sold off-market for $1,810,000. The apartments are well-located in South Spokane’s Lincoln Heights neighborhood at 3025 South Cook Street, surrounded by ample amenities including grocery stores, retail centers, healthcare facilities, and schools.

With this closing, Max Frame, who heads Kidder Mathews’ Eastern Washington apartment sale efforts, recorded his 13th Eastern Washington sale this year — with other closings scattered throughout Spokane, Tri-Cities, and Yakima. As a whole, this closing accounts for the Simon and Anderson team’s 54th multifamily closing in 2022.

“In an unsteady, rising interest rate market, it is crucial to work with motivated buyers and sellers, which we were fortunate to have on this transaction. Both buyer and seller made this a seamlessly smooth transaction and a pleasure to work on,” said Frame.

About Max Frame
Working out of Kidder Mathews’ headquarters in Seattle, Washington, Max specializes in representing sellers and buyers in the sale of Eastern Washington apartments. Born and raised in Eastern Washington, Max combines his local knowledge and expertise of these markets with Kidder Mathews’ national exposure and outreach. Max works with Executive Vice Presidents Dylan Simon and Jerrid Anderson of the Simon and Anderson team.

About the Dylan Simon and Jerrid Anderson apartment brokerage team
The apartment brokerage team led by Dylan Simon and Jerrid Anderson of Kidder Mathews represents investors in the sale, purchase, and financing of apartment buildings and development land across the greater Seattle and Puget Sound region. The team of 10 brokerage professionals specializes in sale and financing of apartment buildings and development land from $1 million to more than $100 million. For more information, visit simonandersonteam.com.

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