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Bravo Apartments
1220 Remington Ct, Seattle, WA 98122
- Identified and acquired three abandoned buildings in an off-market transaction near Seattle University
- Repositioned two buildings with full “down-to-the-studs” renovations and redesigned floor plans to better meet neighborhood demand
- Demolished the third structure and developed a brand-new building in its place
- Delivered modern design, efficient layouts, and maximized revenue through rent, storage, and parking income
- Benefited from significant area revitalization driven in part by Vulcan Real Estate and other new mixed-use developments
- Successfully refinanced the asset, returning 100% of original investor equity
- Sold in 2017, generating a significant return for investors
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