Updated Oct 29, 2024
Cedar & Sage Homes Sells Richland Multifamily For $29.7M With Brokers Ted Sipila & Austin Kelley
230 Battelle Boulevard Richland, Washington 99354, Usa
$29,734,325
Building Size
—
Asset Type
MultiFamily
Closing
Jun 6, 2023
About this deal
AI
The multifamily property located at 230 Battelle Boulevard in Richland, WA has been sold. The property spans over 4.38 acres and was sold by Cedar & Sage Homes.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $29,734,325
- Address: 230 Battelle Boulevard, Richland, WA
- Market: Richland, WA
Ted Sipila and Austin Kelley from Kidder Matthews served as the brokers for this transaction.
The multifamily sale at 230 Battelle Boulevard Richland, Washington 99354, Usa in Richland, Washington sold for $29.7M in 2023. 230 Battelle Boulevard Richland, Washington 99354, Usa is classified as Multifamily on Traded. Austin Kelley, Kidder Mathews appear on the sale alongside Kidder Mathews. This page is the Richland, Washington file for the 230 Battelle Boulevard Richland, Washington 99354, Usa multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Richland sit in the Market section below. Filter that Richland multifamily set by closing date to see what else sold near 230 Battelle Boulevard Richland, Washington 99354, Usa around 2023. Published consideration for 230 Battelle Boulevard Richland, Washington 99354, Usa is $29.7M, dated 2023. Cite this Cedar & Sage Homes Sells Richland Multifamily For $29.7M With Brokers Ted Sipila & Austin Kelley sale when underwriting similar multifamily product around Richland, Washington.
On the Map
$29,734,325
MultiFamily
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Players
Richland 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
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93