Kidder Mathews Reps Buyer in $2.6M Spokane Apartment Deal
Max Frame of the Kidder Mathews’ Simon and Anderson Multifamily Investment team has completed the $2.6 million sale of the Astor Terrace Apartments, a 22-unit multifamily community in the Logan neighborhood of Spokane, WA. It’s been a busy year in Spokane for Frame, who has now sold eight properties in the region.
“This was a great transaction for both buyer and seller, and a smooth deal from start to finish. With rising interest rates and market uncertainty, it is great to see buyers sell active and getting deals done,” said Frame, who represented the undisclosed buyer in the transaction.
The Astor Terrace Apartments are located at 406 East Montgomery Ave. in Spokane, just north of Gonzaga University. The property was built in 1908, and then fully remodeled in 2014.
Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.