Sage Investment Group Secures $8.8M Agency Financing Loan For Olympia Multifamily Property

2300 Evergreen Park Drive Southwest

$8,800,000

$67/SF

Building Size

130,000 SF

Asset Type

MultiFamily

Closing

Dec 29, 2023

AI

The multifamily property located at 2300 Evergreen Park Drive Southwest in Olympia, WA has been involved in a recent loan transaction. The property spans a total of 130,000 square feet and consists of 196 units.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $8,800,000
Market: Olympia, WA

The loan was provided by W Financial as part of agency financing. The landlord of the property is Sage Investment Group. The brokers who represented the parties involved in the loan transaction are John Flynn, Michael Shmuely, Michael Zaremski, and Stephen Van Leer from JLL.

With this loan, the property owners will have access to $8,800,000 in financing to support their investment in the multifamily property.

Players