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Spokane Indian Housing Authority Acquires 201-Unit Cambridge Square Apartments in Burien for $45.1MM
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Spokane Indian Housing Authority Acquires 201-Unit Cambridge Square Apartments in Burien for $45.1MM
Cambridge Square, a 201-unit apartment complex in Burien, has sold for just over $45.1 million, or about $224,378 per unit, in its first ownership change since the property was built in 1968, according to industry reports. The seller of the property at 455 S. 156th Street was Henry H. Ketcham Lumber Co., along with several related family LLCs. Ketcham appears to have been the original developer of the Tudor-revival style property, possibly partn…
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