Berkadia Brokers Facilitate $49M Multifamily Sale In Richland, WA
2555 Duportail Street, Richland, Washington 99352, United States
$49,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 25, 2022
AI
The multifamily property located at 2555 Duportail St in Richland, WA has been sold in a closed transaction. The property features a total of 216 units and was sold for a price of $49,000,000, resulting in a per unit price of $227,000.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $49,000,000
- Units: 216
- Price Per Unit (PPU): $227,000
- Market: Richland, WA
The sale of this multifamily property was facilitated by Kenny Dudunakis, David Sorensen, Ben Johnson, and George Pallis from Berkadia.
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
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93