Amoroso Companies Expands Its Reach with the Acquisition of Woodbrook Apartments in Everett, Washington
Calabasas, CA — Amoroso Companies, a family-owned leader in real estate investment, is proud to announce the acquisition of Woodbrook Apartments, a 100-unit garden-style apartment community located in the highly desirable Silver Lake submarket of Everett, Washington. This acquisition highlights Amoroso’s strategic expansion in the Pacific Northwest and reinforces its commitment to enhancing its robust portfolio of multifamily properties.
Situated at 525 112th St SE, Everett, WA 98208, Woodbrook Apartments features a mix of one, two, and three-bedroom units. This property is ideally positioned approximately 25 miles north of Seattle, offering easy access to both the bustling city center and the serene landscapes of Snohomish County. The acquisition of Woodbrook Apartments is a testament to Amoroso’s focus on investing in properties with significant upside potential through strategic renovations and proactive management.
“Woodbrook Apartments presents an exciting opportunity to capitalize on the dynamic growth of the Everett area,” said Joseph T. Amoroso, CEO of Amoroso Companies. “Our plan is to enhance the property through targeted upgrades and repositioning, thereby providing enhanced value to our tenants and investors alike. This acquisition aligns perfectly with our strategic objectives of acquiring properties with high growth potential in key markets.”
Woodbrook offers a variety of amenities, including a pool and spa, a fitness center, and spacious units with private patios or balconies. Amoroso Companies plans to implement a series of value-add enhancements to the property, focusing on modernizing unit interiors and upgrading community amenities to further enhance resident satisfaction and appeal.
About Amoroso Companies
Founded in 1978, Amoroso Companies has established itself as a reputable name in real estate, with a diversified portfolio that includes multifamily, hospitality, medical office, and self-storage assets across the United States. With over four decades of experience, Amoroso stands out for its strategic asset management and deep commitment to the communities it serves.
