Updated Oct 29, 2024
Costacos Family Limited Partnership Acquires Property At 1406 E Republican St In Seattle For $13.95M
1406 E Republican St, Seattle, WA, 98...
$13,950,000
Building Size
—
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property involved in this transaction is situated at 1406 E Republican St, Seattle, WA. It was sold for $13,950,000.00 and has a square footage of 0. The transaction took place within the Seattle market.
Summary of transaction details:
- Property Type: SALE
- Transaction Amount: $13,950,000.00
- Address: 1406 E Republican St, Seattle, WA
- Market: Seattle
- Seller's Representative: Marty Leigh (ARA Newark)
- Buyer: Costacos Family Limited Partnership
This transaction features Marty Leigh, who represented the seller, facilitating the sale on behalf of the seller in the Seattle market. The buyer, Costacos Family Limited Partnership, acquired the property as part of the closed transaction.
Players
Seattle CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.14%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93