Updated Sep 9, 2024
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
About this deal
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.
The multifamily sale at 1520 California Avenue Southwest, Seattle, Washington 98116, United States in Seattle, Washington sold for $13.6M in 2022. 1520 California Avenue Southwest, Seattle, Washington 98116, United States is classified as Multifamily on Traded. Tim McKay, Sam Wayne, Matt Kemper, Dan Chhan appear on the sale alongside Colliers, Cushman & Wakefield. This page is the Seattle, Washington file for the 1520 California Avenue Southwest, Seattle, Washington 98116, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Seattle sit in the Market section below. Filter that Seattle multifamily set by closing date to see what else sold near 1520 California Avenue Southwest, Seattle, Washington 98116, United States around 2022. Published consideration for 1520 California Avenue Southwest, Seattle, Washington 98116, United States is $13.6M, dated 2022. Cite this Colliers Brokers Facilitate $13.6M Multifamily Sale In Seattle, WA sale when underwriting similar multifamily product around Seattle, Washington.
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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