Updated Jan 31, 2025
Pathfinder Partners Acquires 126-Unit MultiFamily Community In Federal Way For $31.1 Million
2501 South 336th Street
$31,100,000
Units
126
Asset Type
MultiFamily
Closing
Jan 28, 2025
About this deal
AI
Pathfinder Partners acquired a multi-family property located at 2501 South 336th Street in Federal Way, Washington. The transaction involved a total of 126 units, purchased for $31.1 million, translating to a price per unit of $246,825. The property is situated in a location recognized for strong rental demand, with proximity to key employment hubs in Seattle.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $31,100,000
- Address: 2501 South 336th Street
- Market: Federal Way, WA
- Units: 126
- Price Per Unit: $246,825
- Buyer: Pathfinder Partners
This acquisition marked Pathfinder Partners' 14th investment in the Washington real estate market. The company plans to enhance the property's value through apartment modernization, targeting future improvements to maximize the community's potential.
On the Map
$31,100,000
MultiFamily
View full map
Players
Federal Way MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Federal Way multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.51%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93