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13507 99th Avenue East

Auctus Capital Partners Sells 200-Unit Alderra Apartment Homes In Puyallup For $56.45M
SOLDMultiFamily

Auctus Capital Partners Sells 200-Unit Alderra Apartment Homes In Puyallup For $56.45M

13507 99th Avenue East

$56,450,000

Building Size

Asset Type

MultiFamily

Closing

Oct 3, 2025

AI

The asset involved in this transaction is the Alderra Apartment Homes, a 200-unit multifamily property located at 13507 99th Avenue East in Puyallup, WA. The property was sold for $56.45 million, resulting in a per unit price of $282,250.

Summary of transaction details:

The sale was facilitated by CBRE, with the team of Eli Hanacek, Mark Washington, Kyle Yamamoto, and Natalie Kasper representing Auctus Capital Partners in this transaction.

Players

Eli Hanacek

CBRE

Broker

$1.7B

vol

20 deals

Broker
CBRE
CBREBrokerage

Puyallup 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

0.28%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93