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Kidder Mathews Closes Redmond Apartments Sale in Off-Market Transaction

The Simon and Anderson team, a multifamily investment team at Kidder Mathews, recently represented the buyers in the sale of Heritage Green Apartments located in Redmond, WA. The acquisition included 38 units across six buildings with a purchase price of $15,236,000.

Winslow Lee and Jerrid Anderson noted that “in an uncertain environment” they were able to work with a well-respected investor to buy the property off market due to their credibility as capable closers. This sale follows an already active 2023 for the duo having closed 13 transactions so far this year with nine more closings set for Q2.

Built in 1991, Heritage Green is situated at 8370 166th Ave Northeast within close proximity to numerous amenities including schools, retail centers and healthcare facilities – making it highly sought after by investors looking for reliable returns on their investments.

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