Seattle · Commercial sale
SP Rga Langara buys 5105 Issaquah Pine Lake Rd SE in Issaquah for $55.03 million
An apartment complex at 5105 Issaquah Pine Lake Rd SE, Issaquah sold for $55,029,380 on July 28, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $55,029,380
- Sold
- July 28, 2026
- Property type
- Apartment complex
- Lot size
- 242,194 sq ft
An Issaquah apartment complex at 5105 Issaquah Pine Lake Rd SE sold for $55,029,380, a price 46% above the $37,616,400 market value on record.
The sale date was July 28, 2026, according to the King County Department of Assessments' sales records.
The record lists PWP Del LLC as the seller and SP Rga Langara LLC as the buyer.
The Assessor's records show a 5.56-acre lot. The site holds 18 buildings, and an aerial photo of the property shows its setting.
What this sale costs to close
What does closing cost at this price? Under King County custom the seller's larger charges are $1,619,956.40 for the state real estate excise tax (graduated) and $275,146.90 for the local real estate excise tax (0.50%). The seller's estimated net is $52,744,041 before brokerage commissions and any loan payoff. A cash buyer would need about $54,746,795 at closing.
Source: King County Department of Assessments, real property sales, document 3388596. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
