Trion Properties Acquires Beaverton, Oregon Multifamily Portfolio For $94.8M
15195 Southwest Walker Road, Beaverton, Oregon 97006, United States
$94,800,000
$326/SF
Building Size
290,722 SF
Asset Type
MultiFamily
Closing
Aug 31, 2022
AI
A multifamily property portfolio located at 18300 NW Walker Rd, 15195 SW Walker Rd, and 11981 SW Center St in Beaverton, Oregon has been sold for a total price of $94,800,000. The portfolio consists of 302 units with an average price per unit of $313,907. The total square footage of the properties is 290,722, with an average price per square foot of $326.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $94,800,000
- Address: 18300 NW Walker Rd, 15195 SW Walker Rd, and 11981 SW Center St, Beaverton, Oregon
- Market: Beaverton, Oregon
The buyer of the property portfolio is Trion Properties, represented by Max Sharkansky, Mitch Paskover, Farhan Mahmood, and Lauren Feder. The seller is Sack Properties. The transaction was facilitated by brokers Ira Virden, Carrie Kahn, and Frank Solorzano of JLL.
Note from the buyer: The portfolio consists of three properties located in Beaverton, Oregon.
Players
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
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93