SEATTLE, WA (September 2, 2025) – Lee & Associates is pleased to announce the successful sale of the Equinox Apartments, a fully renovated 28-unit mixed-use property located at 711 N 35th Street in the heart of Seattle’s dynamic Fremont neighborhood. The property sold on August 29,2025, for $8.9 million plus $1.4 million for a cell towner on the property, with when combined, brings the total to $10.3 million.  This marks a significant mixed-use, multifamily transaction in one of Seattle’s highest-demand rental submarkets.

Originally built in 2001, the Equinox recently underwent significant capital improvements during the current ownership.  The building consists of 23 residential units and five commercial spaces, offering a diversified revenue stream and long-term upside.

“This property represents the kind of thoughtfully modernized asset today’s investors are seeking, strategically located, renovated for durability, and positioned in a neighborhood with strong tenant demand,” said Candice Chevaillier.

Located steps from Gas Works Park, the Burke-Gilman Trail, and major tech employers including Google, Adobe, and Tableau, the Equinox Apartments offer residents a true live-work-play lifestyle in what is widely recognized as the "Center of the Universe."

This transaction was brokered by Candice Chevaillier, Daniel Lim, Dea Sumantri, and Sara Bago of Lee & Associates’ Northwest Multifamily Team.

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Lee & Associates offers an array of real estate services tailored to meet the needs of the company’s clients, including commercial real estate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout the United States and Canada. Our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Instagram, and Link, our company blog.