Elcliff Townhomes, a turn-key, eight-unit complex in Spokane, Washington, has sold for $2,050,000 in an off-market transaction. Kidder Mathews Vice President Max Frame of the Simon | Anderson Multifamily Team, based at the firm’s Seattle headquarters, represented the seller.
Built in 2013, Elcliff Townhomes offered investors a rare opportunity to acquire newer construction in Spokane’s growing multifamily market. The property is one of the highest per-unit sales recorded in Spokane’s history, highlighting both the strong demand for quality assets and the resilience of the market.
“This sale reflects the demand for well-located, high-quality multifamily product in Spokane,” said Frame. “We’re pleased to have guided our client through a seamless off-market transaction that achieved record pricing.”
The Simon | Anderson team continues to offer trusted advisory for multifamily owners and investors across Eastern Washington, with Frame at the forefront of the market.
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 Simon | Anderson Multifamily Team
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 12 brokerage professionals specializes in the sale and purchasing of apartment buildings and development land from $1 million to more than $100 million. For more information, visit simonandersonteam.com.
About Kidder Mathews
Kidder Mathews is the largest fully independent commercial real estate firm in the Western U.S., with over 900 professionals in 20 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 $9 billion in transaction volume, manages more than 58 million square feet of space, and conducts 2,400 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.