CBRE Brokers Josh McDonald, Joe Nydahl & Phil Oester Facilitate $124M Multifamily Sale In Lake Oswego
1 Jefferson Parkway, Lake Oswego, Oregon 97035, United States
$124,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 9, 2022
AI
The multifamily property located at 1 Jefferson Pkwy in Lake Oswego, OR has been sold for a total price of $124,000,000. The property consists of 347 units, with a price per unit (PPU) of $357,349.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $124,000,000
- Units: 347
- Price per Unit (PPU): $357,349
- Address: 1 Jefferson Pkwy, Lake Oswego, OR
The sale of this multifamily property was facilitated by the CBRE team consisting of brokers Josh McDonald, Joe Nydahl, and Phil Oester.
Players
Lake Oswego MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.13%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93