Updated Sep 5, 2024
Brian Tranetzki & Anton Laasko Of Taylor Street Advisors Sell 16-Unit Multifamily Property In Phoenix For $3.9M
631 North 4th Avenue
$3,900,000
Units
16
Asset Type
MultiFamily
Closing
Dec 27, 2022
About this deal
AI
The multifamily property located at 631 N 14th Ave in Phoenix, AZ has been sold. The transaction took place on 12/27/2022, with a sale price of $3,900,000. The property consists of 16 units, with a price per unit (PPU) of $243,750.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,900,000
- Address: 631 N 14th Ave, Phoenix, AZ
- Market: Phoenix, AZ
- Units: 16
- Price per Unit (PPU): $243,750
The sale of this multifamily property at 631 N 14th Ave was facilitated by Brian Tranetzki and Anton Laasko from Taylor Street Advisors. They represented the buyer and seller in the transaction.
Players
Phoenix 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
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93