By The Registry Staff

An apartment complex in Renton has traded hands. The property was sold for $47.4 million, or about $241,836 per unit, according to King County public records. The buyer was an entity affiliated with TruAmerica Multifamily Investments, and the seller was a Boston-based entity.

Institutional Property Advisors’ Philip Assouad, Giovanni Napoli, Ryan Harmon, Nick Ruggiero and Anthony Palladino were the brokers involved in the transaction.

Located at 200 SW Fifth Place, the property, known as Plum Tree Park Apartments, is a multifamily residential complex consisting of 14 two-story wood frame buildings totaling 175,392 gross square feet and 170,927 net square feet, according to King County public property records. Built in 1991, the low-rise apartment community features

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