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14200 Southeast 98th Court,...

14200 SE 98th LLC & BF Lawnfield Sells Mixed Use Property In Clackamas For $5.5M
SOLDMixed-use

14200 SE 98th LLC & BF Lawnfield Sells Mixed Use Property In Clackamas For $5.5M

14200 Southeast 98th Court, Clackamas, Oregon 97015, United States

$5,500,000

$209/SF

Building Size

26,219 SF

Asset Type

Mixed-use

Closing

Oct 4, 2022

AI

A mixed-use property located at 14200 SE 98th Court in Clackamas, OR has been sold for a total price of $5,500,000. The property spans across 26,219 square feet, resulting in a price per square foot of $210.

Summary of transaction details:

  • Property Type: Mixed Use
  • Transaction Amount: $5,500,000
  • Property Size: 26,219 square feet
  • Price Per Square Foot: $210
  • Address: 14200 SE 98th Court, Clackamas, OR
  • Market: Clackamas, OR

The sale of this mixed-use property was handled by Greg Nesting & Gabe Schnitzer from Norris & Stevens. They represented the sellers, 14200 SE 98th LLC & BF Lawnfield, throughout the transaction.

Players

Greg Nesting

Norris & Stevens

Broker

$15.1M

vol

6 deals

Broker

Clackamas Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93