Kidder Mathews, Colliers International Sell Multifamily Asset In Issaquah, WA For $103.75M
1150 10th Avenue Northeast, Issaquah, Washington 98029, United States
$103,750,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 11, 2022
AI
The multifamily property located at 1150 10th Ave NE in Issaquah, WA has been sold for a total price of $103,750,000. The property spans 135 square feet, resulting in a price per square foot of $768,519.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $103,750,000
- Address: 1150 10th Ave NE, Issaquah, WA
- Market: Issaquah, WA
The sale of this property was facilitated by brokers Dylan Simon, Matt Laird, and Jerrid Anderson from Kidder Mathews and Dave Schumacher from Colliers International. Their expertise and negotiation skills played a crucial role in the transaction.
Players
Issaquah MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93