Seattle MSA – Acquired Aug 2015 – $17.7 million
Foster Creek is a beautiful apartment home community consisting of one and two bedroom floor plans. The property is situated in a well-kept area in Tukwila, Washington (Seattle MSA) close to an abundance of nearby retail and entertainment venues, easy access to shopping, restaurants and schools.
Rents in Seattle have increased 44% in the past four years, growing six times faster than the national average in the past year (Q12017) according to Zillow. IMG is capitalizing on this strong rental market showing no signs of slowing down.