Kidder Mathews Brokers Max Frame, Dylan Simon & Jerrid Anderson Sell Vancouver Multifamily For $38.7M
13414 Northeast 23rd Avenue, Vancouver, Washington 98686, United States
$38,700,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 17, 2022
AI
The multifamily property located at 13414 NE 23rd Ave in Vancouver, WA has been sold in a closed transaction. The property consists of 124 units and was sold for a total price of $38,700,000, resulting in a per unit price of $312,097.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $38,700,000
- Units: 124
- Price Per Unit: $312,097
The sale of this multifamily property was facilitated by brokers Dylan Simon, Max Frame, and Jerrid Anderson from Kidder Mathews.
Players
Vancouver 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
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93