News/Press

Welcome to our News/Press page. Find the latest information here!

  • 10.3.2018 Sunset View Refi

    Sunset View was refinanced in August of 2018 at a favorable rate for 12 years using Fannie Mae debt. The Property returned 28 percent of the equity back to the investors and we plan to execute a second round of renovations at the property. We continue to see opportunity in continuing our value add program … Continue reading Sunset View Refi

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  • 10.3.2018 New Construction – Enve

    Enve, Meter’s newest property, is starting pre-leasing in the Eastlake neighborhood of Seattle. This collection of micro studios should see strong demand due to their affordability and hip design. Learn more at Enveeastlake.com  

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  • 10.3.2018 Sale of Ballard 57

    Ballard 57 was sold in August of 2018 for 11 million dollars or $229,000 per unit, one of the highest prices recorded for a Micro unit apartment building in Seattle. The Property saw strong numbers despite a wave of new construction in the Ballard neighborhood.         

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  • 10.3.2018 Arterra Refi

    The Arterra Apartments purchased in 2017 was refinanced at a favorable rate for 10 years using Fannie Mae debt in October of 2018. The property has performed as expected and we plan to hold the property long term for cash flow and value appreciation.        

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  • 09.21.2017 Sale of The Miller

    Meter is pleased to announce the sale of The Miller Apartments located in the highly desirable Stadium District of Tacoma. in 2015 Meter identified this classic, vintage apartment building as a value-add opportunity due to deferred maintenance at the property.  Meter is proud to have restored this Northwest classic focusing on common area upgrades to … Continue reading Sale of The Miller

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  • 05.23.2017 Sale of Standard Bellevue

    Meter is pleased to announce its most recent sale. The Standard Bellevue, located at 2801 130th Ave. SE, Bellevue, WA. 98005 During our initial due diligence period, Meter recognized the excellent location and quality characteristics of the asset would create a very strong investment. Over the course of Meter’s ownership, an extensive renovation was completed transforming … Continue reading Sale of Standard Bellevue

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  • 03.16.2017 Purchase of Park View

    Meter is pleased to announce its most recent acquisition, the Parkview Apartments located in Wenatchee, Washington. The 112-unit property was purchased for $9,350,000 in February 2017. The Wenatchee market has strong fundamentals and is benefiting from job growth, an increasing retiree demographic, tourism, server farms and agriculture, particularly around the wine industry. All of this has caused the … Continue reading Purchase of Park View

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  • 03.15.2017 Purchase of Woodhaven

    Meter Properties is pleased to announce its most recent acquisition, The Woodhaven Apartments (formerly named Forest Park Estates) located at 4632 Fowler Court in Everett Washington. The purchase price was $10,350,000.00 and consists of 107 units. Meter Properties has allocated $2,365,638.00 for an extensive renovation of this asset. Below is a preliminary glimpse of exterior … Continue reading Purchase of Woodhaven

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