Seattle Social Housing Developer Expands to West Seattle with Second Acquisition
8 Articles
8 Articles
Seattle Social Housing Developer reaches ‘350 homes’ on way to 1,000 milestone with West Seattle acquisition
(Image: Seattle Social Housing Developer) The Seattle Social Housing Developer is adding another property to its growing roster. The board approved the purchase of Youngstown Flats in West Seattle for approximately $68 million on Tuesday, with closing expected in mid-December. The six-story, 2013-built property contains nearly 200 units averaging over 800 square feet, including a quarter of the units in two-bedroom layouts plus 10 ADA-compliant …
Seattle Social Housing Developer to Buy 195-Unit Youngstown Flats in West Seattle for $68MM
Seattle’s social housing authority is buying a 2013 West Seattle apartment building for less than it sold for eight years ago, its second purchase as it works toward 1,000 units. The Seattle Social Housing Developer (SSHD) plans to buy Youngstown Flats, a six-story apartment building at 4040 26th Ave. SW, for about $68 million. The […]
Seattle Social Housing Developer Acquires Youngstown Flats, Adding 193 Homes to Portfolio
Located on the C and D Lines, the Youngstown Flats building is located close to a future West Seattle light rail station. This acquisition marks the fledgling social housing developer's second purchase intended to preserve existing housing stock.
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