SOLDMultiFamily
Oso Capital Advisors Acquires Bower Village Multifamily In Kent From Barrett Sigmund For $45M
24006 108th Place Southeast
$45,000,000
$227,272/SF
Building Size
198 SF
Asset Type
MultiFamily
Closing
Jul 24, 2026
AI
The property asset involved in this transaction is a multifamily community consisting of 198 units located at 24006 108th Place Southeast in Kent, Washington. The sale was executed for a total price of $45 million, which equates to $227,273 per unit.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $45,000,000
- Buyer: Oso Capital Advisors
- Seller: Barrett Sigmund - RISE Properties Trust
- Units: 198
- Price Per Unit: $227,273
- Loan Amount: $37.2 million
Key individuals involved in this transaction include Oso Capital Advisors as the buyer and Barrett Sigmund representing RISE Properties Trust as the seller. The acquisition was finalized on July 24, 2026, marking a significant transaction within the Kent market.
Players
Kent MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93