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Kidder Mathews Brokers Sell Tualatin Multifamily For $19.3M

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SOLD
$19,300,000

Oregon

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MultiFamily
Sold 12/16/2022
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Property Image
SOLD

Kidder Mathews Brokers Sell Tualatin Multifamily For $19.3M

19545 Southwest Boones Ferry Road

See Similar Deals
MultiFamily
Sold 12/16/2022
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Summary

OREGON
Asset Type:MultiFamily
Transaction Type:Sale

The multifamily property located at 19545 & 19605 SW Boones Ferry Road in Tualatin, OR has been sold. The transaction, facilitated by Tyler Linn, Jordan Carter, and Clay Newton from Kidder Mathews, closed on December 16, 2022. The sale price for this property was $19,300,000. The property consists of 93 units, resulting in a per-unit price of approximately $207,527.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $19,300,000
  • Address: 19545 & 19605 SW Boones Ferry Road, Tualatin, OR
  • Market: Tualatin, OR
  • Brokers: Tyler Linn, Jordan Carter, and Clay Newton - Kidder Mathews
  • Units: 93
  • Per-Unit Price: $207,527

The sale of this multifamily property represents a successful deal in the Tualatin, OR market. Tyler Linn, Jordan Carter, and Clay Newton played a crucial role as brokers from Kidder Mathews in facilitating the transaction. Their expertise and negotiation skills helped to ensure a smooth and favorable outcome for all parties involved.

Players

Tyler Linn
2 deals$31.2M volume(503) 721-2702
BROKER

Jordan Carter
Kidder Mathews
2 deals$31.2M volume(503) 221-2280
BROKER

Clay Newton
Kidder Mathews
2 deals$31.2M volume(503) 721-2719
BROKER

Details

SOLD
IMAGE: Jordan Carter, Tyler Linn & Clay Newton DATE: 12/16/2022 ADDRESS: 19545 & 19605 SW Boones Ferry Road MARKET: Tualatin, OR ASSET TYPE: Multifamily BROKERS: Tyler Linn, Jordan Carter & Clay Newton - Kidder Mathews SALE PRICE: $19,300,000 UNITS: 93 ~ PPU: $207,527

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,029,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$68,568.83
Cash-on-Cash Return-1.27%
Monthly Debt Service$91,491.85
Annual Debt Service$1,097,902.16