Updated Dec 19, 2023
Kidder Mathews Brokers $4.3M Sale Of Spokane, WA Multifamily Property
1006 West Mansfield Avenue, Spokane, Washington 99205, United States
$4,300,000
Units
33
Asset Type
MultiFamily
Closing
Jul 18, 2022
About this deal
AI
The multifamily property located at 1006 W Mansfield Ave in Spokane, WA has been sold for $4,300,000. The property consists of 33 units, with a price per unit (PPU) of $130,303.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $4,300,000
- Address: 1006 W Mansfield Ave, Spokane, WA
- Market: Spokane, WA
- Units: 33
- PPU: $130,303
The sale was facilitated by Max Frame of Kidder Mathews. Max Frame represented the seller or buyer in this transaction, showcasing their expertise in the market.
On the Map
$4,300,000
MultiFamily
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Spokane MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93