Virtú Investments Acquires BLU Apartments in Bellevue, WA
Virtú Investments has closed on its purchase of BLU Apartments in Bellevue, Washington. BLU Bellevue Apartments is a 135-unit multifamily complex located at 75 102nd Ave, NE. Recently completed in 2020, the BLU Apartments complex features a mix of studios, one-bedrooms, two-bedrooms, three-bedrooms, and townhome units.
BLU's location is designated a “Walker's Paradise” with a Walk Score of 90, meaning daily errands do not require a car. Directly across the street from the 20-acre Bellevue Downtown Park, BLU is within walking distance of many neighborhood amenities including world-class dining, shopping, Downtown Bellevue and the business district.
BLU incorporates thoughtful amenities for the modern renter, including chef-style kitchens with stainless steel appliances and cabinetry with soft-close drawers, full size washer and dryer in every unit, and community rooftop terrace with fireplace, city and park views, and space for outdoor dining and entertaining.
BLU is pet friendly and has its own designated rooftop pet park. Blu's other community amenities feature a 24-hour fitness center, fireside lounge and serenity garden, along with a media lounge and conference room for resident use.
About Virtú Investments
Virtú Investments, headquartered in Larkspur, CA, is a multifamily real estate investment firm primarily engaged in the acquisition and management of apartment properties in the western United States. Since its founding in 1997, Virtú has acquired and operated 130+ properties, totaling more than 24,000 units and over $3.1BN in real estate. With more than two decades of focused multifamily investing, Virtú maintains a highly selective acquisitions practice and a fully integrated, in-house property management firm.