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890 Poppy Street, Wickenbur...

Updated Dec 20, 2023

ABI Multifamily Brokers John Klocek & Patrick Burch Facilitate $3M Sale Of Multifamily Property In Wickenburg, AZ
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

Units

24

Asset Type

MultiFamily

Closing

Oct 3, 2022

About this deal

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

John Klocek and Patrick Burch of ABI Multifamily represented the parties involved in this transaction.

The multifamily sale at 890 Poppy Street, Wickenburg, Arizona 85390, United States in Wickenburg, Arizona sold for $3M in 2022. Reported inventory is 24 units across 24 units. Patrick Burch, John Klocek, ABI Multifamily appear on the sale alongside ABI Multifamily. This page is the Wickenburg, Arizona file for the 890 Poppy Street, Wickenburg, Arizona 85390, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Wickenburg sit in the Market section below. Filter that Wickenburg multifamily set by closing date to see what else sold near 890 Poppy Street, Wickenburg, Arizona 85390, United States around 2022. Published consideration for 890 Poppy Street, Wickenburg, Arizona 85390, United States is $3M, dated 2022. Cite this ABI Multifamily Brokers John Klocek & Patrick Burch Facilitate $3M Sale Of Multifamily Property In Wickenburg, AZ sale when underwriting similar multifamily product around Wickenburg, Arizona.

On the Map

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$3,000,000

MultiFamily

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Players

John Klocek

ABI Multifamily

Broker

$19.3M

vol

4 deals

Broker

Wickenburg MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $125K per unit across 24 units on a published $3M (2022).

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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

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