Updated Oct 29, 2024
Waterton Acquires Multifamily Property In Bellevue, WA For $103M
14710 Northeast 40th Street Bellevue, Washington 98007, USA
$103,000,000
Units
265
Asset Type
MultiFamily
Closing
Jun 15, 2023
About this deal
AI
The multifamily property located at 14710 Northeast 40th Street in Bellevue, WA has been sold for a transaction amount of $103,000,000. The property consists of 265 units with an average price per unit of $388,679.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $103,000,000
- Address: 14710 Northeast 40th Street, Bellevue, WA
- Units: 265
- Price Per Unit: $388,679
The buyer of this property is Waterton. They were represented by their broker in this transaction.
The multifamily sale at 14710 Northeast 40th Street Bellevue, Washington 98007, USA in Bellevue, Washington sold for $103M in 2023. Reported inventory is 265 units across 265 units. This page is the Bellevue, Washington file for the 14710 Northeast 40th Street Bellevue, Washington 98007, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Bellevue sit in the Market section below. Filter that Bellevue multifamily set by closing date to see what else sold near 14710 Northeast 40th Street Bellevue, Washington 98007, USA around 2023. Published consideration for 14710 Northeast 40th Street Bellevue, Washington 98007, USA is $103M, dated 2023. Cite this Waterton Acquires Multifamily Property In Bellevue, WA For $103M sale when underwriting similar multifamily product around Bellevue, Washington.
On the Map
$103,000,000
MultiFamily
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Bellevue 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
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93