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3875 Lake Grove Avenue Lake...

HFO Investment Real Estate Brokers Sale Of Lake Oswego Multifamily For $19.8M
SOLDMultiFamily

HFO Investment Real Estate Brokers Sale Of Lake Oswego Multifamily For $19.8M

3875 Lake Grove Avenue Lake Oswego, Oregon 97035, USA

$19,825,000

Building Size

Asset Type

MultiFamily

Closing

Jun 13, 2023

AI

The multifamily property located at 3875 Lake Grove Avenue & 4628 Oakridge Road in Lake Oswego, OR has been sold. The transaction was facilitated by Greg Frick of HFO Investment Real Estate. The property was sold for a total price of $19,825,000.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $19,825,000
  • Address: 3875 Lake Grove Avenue & 4628 Oakridge Road, Lake Oswego, OR

The sale of this multifamily property was successfully completed thanks to the representation of Greg Frick from the HFO Investment Real Estate. The sale price of $19,825,000 reflects the value of the property.

Players

Greg Frick

HFO Investment Real Estate

Broker

$80.3M

vol

5 deals

Broker

Oswego MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.80%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93