Kitsap Community Resources Acquires Multifamily Property In Bremerton, WA For $14.25M
SOLD
$14,250,000
Washington
See Similar DealsMultiFamily
Sold 02/21/2023
SOLD
Kitsap Community Resources Acquires Multifamily Property In Bremerton, WA For $14.25M
1003 Little Haven Ln
See Similar DealsMultiFamily
Sold 02/21/2023
Summary
WASHINGTON
Asset Type:MultiFamily
Transaction Type:Sale
Located at 1003 Little Haven Lane in Bremerton, WA, this multifamily property is currently under contract. The property, with an image provided by Anthony Ives, is being sold by Harbor Custom Development, Inc. for a price of $14,250,000. The buyer in this transaction is Kitsap Community Resources, represented by Anthony Ives.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $14,250,000
- Market: Bremerton, WA
- Seller: Harbor Custom Development, Inc
- Buyer: Kitsap Community Resources - Anthony Ives
This deal is facilitated by Anthony Ives, who is representing Kitsap Community Resources as their broker.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$760,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$50,627.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$67,552.27
Annual Debt Service$810,627.24
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