Updated Oct 28, 2024
Inland Real Estate Acquisitions Acquires Multifamily Property In Goodyear, AZ For $119M
195 North 173rd Avenue, Goodyear, Arizona 85338, United States
$119,000,000
Units
263
Asset Type
MultiFamily
Closing
Jun 8, 2022
About this deal
AI
The multifamily property located at 195 N 173rd Ave in Goodyear, AZ has been sold in a recent transaction. The property consists of 263 units and was sold for a total price of $119,000,000, resulting in a price per unit of $452,471. The sale was facilitated by Trevor Koskovich from Northmarq, who represented the buyer Inland Real Estate Acquisitions and worked with the seller RSI Holdings.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $119,000,000
- Units: 263
- Price Per Unit: $452,471
- Buyer: Inland Real Estate Acquisitions
- Seller: RSI Holdings
- Broker: Trevor Koskovich - Northmarq
The involvement of Trevor Koskovich from Northmarq as the broker in this transaction highlights the importance of professional representation in complex real estate deals. The successful sale of this multifamily property demonstrates the potential for lucrative investments in the Goodyear, AZ market.
On the Map
$119,000,000
MultiFamily
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Players
Goodyear MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.13%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93