New owners plan to renovate dilapidated Auburn Pines Apartments

A local family partnership has purchased the tattered Auburn Pines Apartment complex on North Division Street, according to Tim Ufkes of Hendricks & Partners, who brokered the deal on behalf of the seller, HMS Land LLC of Everett and Seattle.

By Mark Klaas • June 10, 2011 4:58 pm
Children play in the Auburn Pines Apartments courtyard last summer. The complex was condemned last June. A new group has since purchased the dilapidated apartments and plans a full-scale renovation.
Children play in the Auburn Pines Apartments courtyard last summer. The complex was condemned last June. A new group has since purchased the dilapidated apartments and plans a full-scale renovation.

A local family partnership has purchased the tattered Auburn Pines Apartment complex on North Division Street, according to Tim Ufkes of Hendricks & Partners, who brokered the deal on behalf of the seller, HMS Land LLC of Everett and Seattle.

Auburn Pines LLC acquired the complex for $987,500, Ufkes said.

The 39-unit complex at 505 and 515 N. Division St. is vacant and had been condemned by the City.

Ufkes said the new Seattle-based owners plan a “full-blown renovation, interior and exterior. … It will look brand spanking new.”

Ufkes says the new owner and his management staff hope to lease their first units by fall. The new owner, as Ufkes explained, is a reputable owner and manager of apartment units in the area.

Auburn Pines, built in 1967, includes five one-bedroom and 34 two-bedroom units.

The complex had fallen into disrepair in recent years, forcing city officials to condemn the apartments.

Last August, 155-165 residents of the complex left, complying to a city order. City inspectors visited the buildings in June, and the City declared them unfit for human habitation.