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15195 Southwest Walker Road...

Trion Properties Acquires Beaverton, Oregon Multifamily Portfolio For $94.8M
SOLDMultiFamily

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

Ira Virden

JLL

Broker

$535.8M

vol

8 deals

Broker
Mitch Paskover

Mitch Paskover

Trion Properties

Buyer

$775.2M

vol

13 deals

Buyer
SP
Sack PropertiesSeller

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