facebook

traded

+ Submit
Home

/

Deals

/

Oregon

/

Multifamily

/

Sale

/

14305 Southwest Sexton Moun...

FPA Multifamily Acquires Beaverton Multifamily For $47M
SOLDMultiFamily

FPA Multifamily Acquires Beaverton Multifamily For $47M

14305 Southwest Sexton Mountain Drive, Beaverton, Oregon 97008, United States

$47,000,000

$962/SF

Building Size

48,822 SF

Asset Type

MultiFamily

Closing

Jan 9, 2022

AI

The multifamily property located at 14305 SW Sexton Mountain Dr. in Beaverton, OR has been sold. The transaction took place on January 10, 2022. The property consists of 137 units and was sold for a total of $47,000,000, with a price per unit of $343,065.

Summary of transaction details

The sale of this multifamily property was facilitated by Ira Virden, Carrie Kahn, and Frank Solorzano of JLL Capital Markets. They represented both the buyer, FPA Multifamily, and the seller, DB Capital Management, in the transaction.

Players

Ira Virden

JLL

Broker

$535.8M

vol

8 deals

Broker
FPA Multifamily
FPA MultifamilyBuyer
DB Capital Management
DB Capital ManagementSeller

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

0.34%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93