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Pastakia & Associates Refinances Multifamily Property At 841 Northeast 68th Street In Seattle For $22.1M
FINANCED
$22,100,001
Washington
See Similar DealsMultiFamily
Financed 05/15/2023
FINANCED
Pastakia & Associates Refinances Multifamily Property At 841 Northeast 68th Street In Seattle For $22.1M
841 Northeast 68th Street Seattle, Washington 98115, USA
See Similar DealsMultiFamily
Financed 05/15/2023
Summary
WASHINGTON
Asset Type:MultiFamily
Transaction Type:Loan
The multifamily property located at 841 Northeast 68th Street in Seattle, WA has undergone a refinancing transaction. The loan amount for this transaction was $22,100,000. The property, owned by Pastakia + Associates, consists of 102 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $22,100,000
- Address: 841 Northeast 68th Street, Seattle, WA
- Market: Seattle, WA
The brokers who facilitated this deal were Mike Wood and Alex Saunders from Gantry. They represented the parties involved in the transaction and helped secure the refinance loan for the property.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$22,100,001.00
Monthly NOI$147,333.34
Monthly Debt Service$139,687.04
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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