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107-Unit Boulder Park Apartment Community Lists at $18MM in University Place
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107-Unit Boulder Park Apartment Community Lists at $18MM in University Place
Boulder Park, a 107-unit apartment community in University Place built in 1974, has been listed at $18 million with seller financing attached, testing whether buyers will pay a premium for scarcity in a Pierce County market where pricing reset harder than anywhere else in Puget Sound during the first quarter. The asking price works out to $168,224 per unit and $198.50 per square foot across the property’s 90,680 rentable square feet. That is a m…
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