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14710 Northeast 40th Street...

Updated Oct 29, 2024

Waterton Acquires Multifamily Property In Bellevue, WA For $103M
SOLDMultiFamily

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.

Players

Waterton
WatertonBuyer

Bellevue MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $388.7K per unit across 265 units on a published $103M (2023).

Browse Washington multifamily sales on Traded.

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

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