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Holden at Southcenter Senior Community Sold for $29.8 Million

Merrill Gardens Holden SouthCenter web Instantly Interpret Free: Legalese Decoder - AI Lawyer Translate Legal docs to plain English
Seller Alliance opened the community circa 2021.

The former Holden at Southcenter senior community, located at 112 Andover Park E. in Tukwila, was recently sold for a bit over $29.8 million, as indicated by King County records. The seller was an LLC associated with the original developer Alliance Residential, who had acquired the land for $3.5 million in 2019, prior to the commencement of construction. The sale of the community marks a significant transaction in the real estate market, highlighting the value of senior living properties in the region. The new owners are expected to bring further improvements and enhancements to the community to cater to the needs of the residents and provide a comfortable living environment for all.

In such real estate transactions, legal documentation and agreements play a crucial role in ensuring a smooth transfer of ownership and compliance with regulations. AI legalese decoder can be a valuable tool in this process, assisting in analyzing and interpreting complex legal language in contracts, deeds, and other legal documents related to the sale of properties. By utilizing AI technology, users can efficiently navigate through legal terms and provisions, ensuring clarity and compliance in all aspects of the transaction. The AI legalese decoder can help streamline the due diligence process, mitigate risks, and facilitate effective communication between all parties involved in the real estate transaction.

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