Updated Oct 29, 2024
Barcelo Homes Sells Tacoma Multifamily For $35.4M With IP Advisors As Brokers
308 Tacoma Ave S, Tacoma, Washington 98402, United States
$35,400,000
Units
131
Asset Type
MultiFamily
Closing
Apr 24, 2023
About this deal
AI
A multifamily property located at 308 Tacoma Ave S in Tacoma, WA has been sold for a total of $35,400,000. The property consists of 131 units, with an average price per unit of $270,229. The seller of the property is Barcelo Homes.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $35,400,000
- Address: 308 Tacoma Ave S, Tacoma, WA
- Units: 131
- Price Per Unit: $270,229
The sale of this multifamily property was facilitated by the International Property Advisors, represented by brokers Nick Ruggiero, Ryan Harmon, Philip Assouad, and Giovanni Napoli.
Players
Tacoma MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Ryan Harmon to view all their deals.
Browse Washington multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93