SOLDMultiFamily
ABI Multifamily Brokers John Klocek & Patrick Burch Facilitate $3M Sale Of Multifamily Property In Wickenburg, AZ
890 Poppy Street, Wickenburg, Arizona 85390, United States
$3,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 3, 2022
AI
The multifamily property located at 890 Poppy Street in Wickenburg, AZ has been sold for a price of $3,000,000. The property consists of 24 units, with a price per unit (PPU) of $125,000.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Units: 24
- PPU: $125,000
- Brokers: John Klocek - Patrick Burch - ABI Multifamily
John Klocek and Patrick Burch of ABI Multifamily represented the parties involved in this transaction.
Players
Wickenburg 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93