Kidder Mathews Brokers Sell Autumn Leaf Furnished Apartments In Airway Heights For $3.6M
12911 West 13th Avenue
$3,595,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 15, 2024
AI
The Autumn Leaf Furnished Apartments in Airway Heights, Washington, were sold for $3,595,000. The property consists of 24 units, amounting to a price per unit of $149,792. The sale was facilitated by Max Frame, part of the Dylan Simon, Jerrid Anderson & Max Frame team at Kidder Mathews.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,595,000
- Address: 12911 West 13th Avenue
- Market: Airway Heights, WA
- Brokers: Dylan Simon, Jerrid Anderson & Max Frame - Kidder Mathews
- Units: 24
- Price Per Unit: $149,792
Max Frame, as a member of the Simon and Anderson team at Kidder Mathews, played a crucial role in the successful sale of The Autumn Leaf Furnished Apartments. The collaboration between the involved brokers ensured a smooth transaction process for the multifamily property in Airway Heights, Washington.
Players
Airway Heights 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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93