Kidder Mathews Brokers $4.3M Sale Of Spokane, WA Multifamily Property
1006 West Mansfield Avenue, Spokane, Washington 99205, United States
$4,300,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 18, 2022
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.
Players
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