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Everett’s Canopy Apartments Sell for $82.75M as Investors Bet on 336 Units

Hoodline   |   Everett's 336-unit Canopy Apartments has sold for $82.75 million, changing hands in a deal that pairs a Seattle-based investment firm with a New York partner betting on the city's job market and tight apartment supply. The 20-building community at 923 112th St. SW spans nearly 16 acres and was built in two phases, in 1989 and 1991.

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Everett’s 336-unit Canopy Apartments has sold for $82.75 million, changing hands in a deal that pairs a Seattle-based investment firm with a New York partner betting on the city’s job market and tight apartment supply. The 20-building community at 923 112th St. SW spans nearly 16 acres and was built in two phases, in 1989 and 1991.

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