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3210 Southwest Avalon Way

David Tarquin And Aaron Case Of ORKA Holdings Acquire Multifamily Asset In Seattle For $4.3M
SOLDMultiFamily

David Tarquin And Aaron Case Of ORKA Holdings Acquire Multifamily Asset In Seattle For $4.3M

3210 Southwest Avalon Way

$4,300,000

$336/SF

Building Size

12,791 SF

Asset Type

MultiFamily

Closing

Dec 30, 2025

AI

The property asset involved in this transaction is a multifamily building located at 3210 Southwest Avalon Way in Seattle, featuring a sale price of $4,300,000. The asset comprises 17 units within a total square footage of 12,791, translating to a price per unit of $252,941 and a price per square foot of $336.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,300,000
  • Buyer: David Tarquin & Aaron Case - ORKA Holdings
  • Seller: Vukovich, Smith, & Anderson Families
  • Brokers: Nick Hemming & Cathy Jeney - Paragon Real Estate Advisors
  • Units: 17
  • Square Footage: 12,791
  • Price Per Unit: $252,941
  • Price Per Square Foot: $336

David Tarquin and Aaron Case of ORKA Holdings are entering the Pacific Northwest market with this acquisition, marking their first investment in Seattle. The transaction reflects ORKA's strategy to target high-potential multifamily communities in premier coastal markets.

Players

Nick Hemming

Paragon Real Estate Advisors

Broker

$11.6M

vol

2 deals

Broker
Paragon Real Estate Advisors
Paragon Real Estate AdvisorsBrokerage

Seattle 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

3.69%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93