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.
Oswego 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
0.80%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93