Updated Oct 29, 2024
Pastakia & Associates Refinances Multifamily Property At 841 Northeast 68th Street In Seattle For $22.1M
841 Northeast 68th Street Seattle, Washington 98115, USA
$22,100,001
Units
102
Asset Type
MultiFamily
Closing
May 15, 2023
About this deal
AI
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.
On the Map
$22,100,001
MultiFamily
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Players
Seattle MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93