Next Wave Investors Acquires Beaverton Multifamily For $31M
12310 Southwest Center Street, Beaverton, Oregon 97005, United States
$31,000,000
Building Size
—
Asset Type
MultiFamily
Closing
May 31, 2022
AI
The multifamily property located at 12310 SW Center St & 17135 SW Heritage Ct in Beaverton, OR has been sold for a total price of $31,000,000. The property is a part of the real estate market in Beaverton.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $31,000,000
- Buyer: Next Wave Investors - Jordan Fisher
Jordan Fisher, a representative from Next Wave Investors, acted as the buyer in the transaction. The deal was successfully closed, marking a significant acquisition for Next Wave Investors in the Beaverton market.
Beaverton 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
0.51%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93