CBRE Negotiates .5M Sale of Lakemont Orchard Apartment Community in Issaquah, Washington
Located in Issaquah, Wash., Lakemont Orchard features 201 apartments, a pool, hot tub, gym, an outdoor dining area and a basketball/sports court. (...
Located in Issaquah, Wash., Lakemont Orchard features 201 apartments, a pool, hot tub, gym, an outdoor dining area and a basketball/sports court. (Photo credit: Jennifer Clark/Porchlight Photography) ISSAQUAH, WASH. — CBRE has arranged the $78.5 million sale of Lakemont Orchard, a multifamily property in Issaquah. An undisclosed buyer acquired the asset from an affiliate of New York Life Insurance Co. Originally built in 1992, Lakemont Orchard features 201 apartments with balconies in a mix of one-, two- and three-bedroom floor plans, with an average unit size of 916 square feet.