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
Building Size
—
Asset Type
Mixed-use
Closing
Dec 22, 2022
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.
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