LaSalle Investment Management has sold Stonemeadow Farms, a 280-unit apartment community in Bothell, Wash., for $93.1 million.
JLL represented the seller in securing the buyer for the transaction.
Stonemeadow Farms, located at 23028 27th Ave. SE, offers a prime location with convenient access to major employers in Bothell and throughout the Eastside region. Just off Interstate 405 and quick access to SR-522, the community is close to a variety of shopping centers, retail and entertainment opportunities, parks, business centers and the University of Washington Bothell.
Stonemeadow Farms is a 20-building community spanning 29.11 acres. Originally constructed in 1999, the garden-style complex underwent extensive renovations from 2014 to 2018. The updated units now boast modern features including stainless steel appliances, shaker-style cabinet faces, mosaic and subway tile backsplashes, black quartz countertops and undermount kitchen sinks. Each apartment also offe
