Virtú Investments Acquires Cerasa in Bellevue, Washington
Virtú Investments has closed on its purchase of Cerasa in Bellevue, Washington.
Cerasa Apartments is a 154-unit multifamily building located at 10961 NE 2nd Place. Completed in 2019, the building contains a mix of studios, one-bedroom, and two-bedroom homes with multiple floor plans including dens and lofts.
Cerasa residences feature high-end finishes including quartz countertops, stainless steel appliances, kitchen cabinetry with soft-close doors, and triple pane floor-to-ceiling windows. All are equipped with energy-efficient window coverings and electronic thermostats. Parking is available for residents in the underground parking garage and includes availability of electric vehicle charging stalls.
Community amenities at Cerasa include a resident clubhouse on the 5th floor with gaming tables, terrace with grilling stations, outdoor seating, and a firepit, as well as work stations. Bike storage and repair station are also on site, with a fireplace lounge and fitness center on the ground floor.
Cerasa is a transit-oriented development and is centrally located with a Walk Score of 91. Residents are within immediate proximity to Amazon’s nearby 6M square feet of office space and within blocks of the future “Grand Connection” park and plaza space. Two future East Main Link Light Rail stations are each within two blocks of Cerasa, and will connect to downtown Seattle, Redmond (home of Microsoft HQ), Sea-Tac International Airport, and the University of Washington.
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.