Northmarq Negotiates $19.5M Sale of Merritt Manor Apartments in Olympia, Washington

82-Unit Merritt Manor Apartments in Olympia Traded for $19.55MM

(Editor’s Note: According to Thurston County public records, the seller was an entity that shares an address with Grandview Management.) OLYMPIA, Wash. (Feb. 19, 2026) — Northmarq’s Seattle Investment Sales team led by Joe Kinkopf, Steve Fischerand Tyler Smith successfully led the $19.55 million [approximately $238,414 per unit] sale of Merritt Manor, an 82-unit midrise apartment community located at 3335 Martin Way E. in Olympia, Washington.   …

Northmarq Negotiates $19.5M Sale of Merritt Manor Apartments in Olympia, Washington

OLYMPIA, WASH. — Northmarq has arranged the sale of Merritt Manor, a mid-rise apartment community in Olympia. Fourth Street’s Merritt Manor LLC sold the asset to Merritt Manor LLC for $19.5 million. Joe Kinkopf, Steve Fischer and Tyler Smith of Northmarq’s Seattle Investment Sales team represented the seller in the transaction. Located at 3335 Martin Way E, Merritt Manor features 82 two- and three-bedroom apartments with stainless steel applianc…