Belkorp Holdings sold Vista Ridge, a 91-unit Issaquah apartment community, to Timberlane Partners for $37 million. Mesa West Capital provided a $27 million loan for the acquisition and subsequent renovation.

Units at Vista Ridge have an average size of 1,106 square feet, with two- and three-bedroom layouts available. (Image courtesy of Mesa West Capital)
Units in the eight-building complex have an average size of 1,106 square feet, with two- and three-bedroom layouts available. All units feature an in-unit washer and dryer, dishwasher and fireplace. Amenities on the seven-acre site include a fitness center, swimming pool, sauna, dog park and covered parking.
Timberlane will complete renovations as leases expire. As of August, the community was at 97.8% occupancy.
Planned upgrades include quartz countertops, updated appliances and plumbing and new lighting.
