SR Watt Co Acquires Multifamily Property In Beaverton & Sherwood, OR For $60M
4545 Southwest Angel Avenue, Beaverton, Oregon 97005, United States
$60,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 20, 2022
AI
The multifamily property located at 4545 SW Angel Ave and 22550 SW Highland Drive in Beaverton and Sherwood, OR has been sold. The transaction took place on 10/21/2022.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $60,000,000
- Market: Beaverton & Sherwood, OR
The buyer of the property is SR Watt Co, while the seller is Madison Park Financial Group. The deal was facilitated by Ira Virden, Carrie Kahn, and Frank Solorzano, who represented the parties involved in the transaction on behalf of JLL.
Players
Beaverton 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
0.26%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93