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6318 North 65th Drive, Glen...

Updated Oct 28, 2024

Goodegg Investments Acquires 56-Unit Multifamily In Glendale For $11.76M
SOLDMultiFamily

Goodegg Investments Acquires 56-Unit Multifamily In Glendale For $11.76M

6318 North 65th Drive, Glendale, Arizona 85301, United States

$11,760,000

Units

56

Asset Type

MultiFamily

Closing

Sep 20, 2022

About this deal

AI

A multifamily property located at 6318 North 65th Drive in Glendale, AZ has been sold. The property consists of 56 units and was sold for a total price of $11,760,000, resulting in a per unit price of $210,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $11,760,000
  • Units: 56
  • Price per Unit: $210,000

The buyer in this transaction was Goodegg Investments.

The multifamily sale at 6318 North 65th Drive, Glendale, Arizona 85301, United States in Glendale, Arizona sold for $11.8M in 2022. Reported inventory is 56 units across 56 units. This page is the Glendale, Arizona file for the 6318 North 65th Drive, Glendale, Arizona 85301, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Glendale sit in the Market section below. Filter that Glendale multifamily set by closing date to see what else sold near 6318 North 65th Drive, Glendale, Arizona 85301, United States around 2022. Published consideration for 6318 North 65th Drive, Glendale, Arizona 85301, United States is $11.8M, dated 2022. Cite this Goodegg Investments Acquires 56-Unit Multifamily In Glendale For $11.76M sale when underwriting similar multifamily product around Glendale, Arizona.

Players

GI
Goodegg InvestmentsBuyer

Glendale MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $210K per unit across 56 units on a published $11.8M (2022).

Browse Arizona multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.35%

Cash-on-Cash

-0.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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