Updated Sep 9, 2024
Stuart Oswald Of Northmarq Arranges $15.2M Refinance Loan For Mixed-use Property At 3621 33rd Ave S In Seattle
3621 33rd Avenue South, Seattle, Washington 98144, United States
$15,200,000
Units
208
Asset Type
Mixed-use
Closing
Dec 22, 2022
About this deal
AI
The mixed-use property located at 3621 33rd Ave S in Seattle, WA has undergone a recent loan refinance. The property consists of 208 units and is situated in a prime market location.
Summary of transaction details:
- Property Type: Mixed-Use
- Loan Amount: $15,200,000
Stuart Oswald from Northmarq acted as the broker for this loan refinancing transaction. The loan amount for the refinance was $15,200,000. No additional information is available regarding the loan type or any other details of the transaction.
The mixed use loan at 3621 33rd Avenue South, Seattle, Washington 98144, United States in Seattle, Washington financed for $15.2M in 2022. Reported inventory is 208 units across 208 units. Stuart Oswald, NorthMarq appear on the loan alongside NorthMarq. This page is the Seattle, Washington file for the 3621 33rd Avenue South, Seattle, Washington 98144, United States mixed use financed: pricing, party profiles, and other closed mixed use comps from the same Seattle sit in the Market section below. Filter that Seattle mixed use set by closing date to see what else financed near 3621 33rd Avenue South, Seattle, Washington 98144, United States around 2022. Published consideration for 3621 33rd Avenue South, Seattle, Washington 98144, United States is $15.2M, dated 2022. Cite this Stuart Oswald Of Northmarq Arranges $15.2M Refinance Loan For Mixed-use Property At 3621 33rd Ave S In Seattle loan when underwriting similar mixed use product around Seattle, Washington.
Players
Seattle Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.04%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93