SOLDMultiFamily
Colliers Brokers Facilitate $13.6M Multifamily Sale In Seattle, WA
1520 California Avenue Southwest, Seattle, Washington 98116, United States
$13,600,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 4, 2022
AI
The multifamily property located at 1520 California Ave SW in Seattle, WA has been sold. The property was transacted for a sale price of $13,600,000.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $13,600,000
- Brokers: Tim McKay, Dan Chhan, Sam Wayne, Adam Groberman & Matt Kemper - Colliers
The deal was facilitated by the brokerage team at Colliers, including Tim McKay, Dan Chhan, Sam Wayne, Adam Groberman, and Matt Kemper.
Players
Seattle 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
1.17%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93