Updated Oct 28, 2024
Churchome Sells Mixed-use Property In Seattle For $17.5M With CBRE Brokers Eli Hanacek, Jon Hallgrimson, Frank Bosl & Kyle Yamamoto
2700 1st Avenue, Seattle, Washington 98121, United States
$17,500,000
Building Size
—
Asset Type
Mixed-use
Closing
Aug 24, 2022
About this deal
AI
The mixed-use property located at 2700 1st Avenue in Seattle, WA has been sold for a total price of $17,500,000. The property spans across 27,000 square feet, resulting in a price per square foot of $648.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $17,500,000
- Address: 2700 1st Avenue, Seattle, WA
- Market: Seattle, WA
- Seller: Churchome
CBRE brokers Eli Hanacek, Jon Hallgrimson, Frank Bosl, and Kyle Yamamoto represented Churchome in this sale transaction.
The mixed use sale at 2700 1st Avenue, Seattle, Washington 98121, United States in Seattle, Washington sold for $17.5M in 2022. 2700 1st Avenue, Seattle, Washington 98121, United States is classified as Mixed Use on Traded. Kyle Yamamoto, Jon Hallgrimson, Eli Hanacek, CBRE appear on the sale alongside CBRE. This page is the Seattle, Washington file for the 2700 1st Avenue, Seattle, Washington 98121, United States mixed use sold: 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 sold near 2700 1st Avenue, Seattle, Washington 98121, United States around 2022. Published consideration for 2700 1st Avenue, Seattle, Washington 98121, United States is $17.5M, dated 2022. Cite this Churchome Sells Mixed-use Property In Seattle For $17.5M With CBRE Brokers Eli Hanacek, Jon Hallgrimson, Frank Bosl & Kyle Yamamoto sale when underwriting similar mixed use product around Seattle, Washington.
Players
Seattle Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93