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195 North 173rd Avenue, Goo...

Inland Real Estate Acquisitions Acquires Multifamily Property In Goodyear, AZ For $119M
SOLDMultiFamily

Inland Real Estate Acquisitions Acquires Multifamily Property In Goodyear, AZ For $119M

195 North 173rd Avenue, Goodyear, Arizona 85338, United States

$119,000,000

Building Size

Asset Type

MultiFamily

Closing

Jun 8, 2022

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.

Players

Trevor Koskovich

NorthMarq

Broker

$704.1M

vol

17 deals

Broker
IA
Inland Real Estate AcquisitionsBuyer

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