Stonemeadow Farms

Bothell, WA

Acquired May 2019

At a Glance

Highly amenitized, recently renovated apartment community built in 1999 and located within a highly rated public school district.

Investment Rationale

  • Located in the desirable Seattle suburb of Bothell, Washington where single-family homes are averaging more than $600,000.

  • The apartment community is located less than 20 miles from Redmond, Bellevue and Seattle, providing convenient access to I-405, I-5 and Highway 522.

  • Bothell's location provides multiple commuting options to an exceptional and diverse roster of high-tech, bio-tech, medical device, life sciences, telecom and utility companies including Amazon, AT&T, Boeing, Expedia, Facebook/Oculus, Google, Microsoft, Starbucks, T-Mobile and the University of Washington, Bothell.

  • Property is an excellent fit for JLL Income Property Trust's suburban apartment strategy focused on locations with barriers to entry and highly-rated school districts.

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Stonemeadows Map