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224 128th St Sw

Updated Jul 29, 2026

$3,570,000 Loan Secured For Hospital At 224 128th St Sw In Everett
FINANCEDHospital

$3,570,000 Loan Secured For Hospital At 224 128th St Sw In Everett

224 128th St Sw

$3,570,000

$134/SF

Building Size

26,544 SF

Asset Type

Hospital

Closing

Apr 28, 2022

About this deal

AI

The property involved in the transaction is a hospital located at 224 128th St Sw in Everett. The loan amount associated with this property is $3,570,000.00.

Summary of transaction details:

  • Property Type: Hospital
  • Transaction Amount: $3,570,000.00
  • Address: 224 128th St Sw
  • Market: Everett
  • Loan Amount: $3,570,000.00

The deal includes brokers from Wolf Investment Partners, specifically represented by Michael J. Gefter.

The hospital loan at 224 128th St Sw in Everett, Washington financed for $3.6M in 2022. The building is 26,544 square feet, implying about 134 per square foot on the published price. Named participants on the 224 128th St Sw loan are Michael J. Gefter, WOLF INVESTMENT PARTNERS. This page is the Everett, Washington file for the 224 128th St Sw hospital financed: pricing, party profiles, and other closed hospital comps from the same Everett sit in the Market section below. Filter that Everett hospital set by closing date to see what else financed near 224 128th St Sw around 2022. Published consideration for 224 128th St Sw is $3.6M, dated 2022. Cite this $3,570,000 Loan Secured For Hospital At 224 128th St Sw In Everett loan when underwriting similar hospital product around Everett, Washington.

Players

Michael J. Gefter

Broker

$282.5M

vol

66 deals

Broker
Fb
First Fed bank (Washington State)Lender
VH
Veer HospitalityLandlord

Everett Hospital Market Snapshot

Boundary boundary · Hospital · Loan transactions

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Deal FAQ

About $134 per square foot on a published $3.6M for 26,544 square feet (2022).

Visit Michael J. Gefter to view all their deals.

Browse Everett hospital loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.44%

Cash-on-Cash

-1.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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