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

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SOLD
$4,300,000

Washington

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MultiFamily12,791 SF
Sold 12/30/2025
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Property Image
SOLD

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

3210 Southwest Avalon Way

See Similar Deals
MultiFamily12,791 SF
Sold 12/30/2025
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Summary

WASHINGTON
Asset Type:MultiFamily
Price Per Square Foot:$336
Total Square Footage:12,791 SF
Transaction Type:Sale

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
2 deals$11.6M volume(206) 812-9105
BROKER

Cathy Jeney
Paragon Real Estate Advisors
1 deal$4.3M volume(206) 812-9117
BROKER

Paragon Real Estate Advisors
BROKERAGE


Details

SOLD
IMAGE: David Tarquin, Aaron Case & Nick Hemming DATE: 12/30/2025 ADDRESS: 3210 Southwest Avalon Way MARKET: Seattle ASSET TYPE: Multifamily BUYER: David Tarquin & Aaron Case - ORKA Holdings SELLER: Vukovich, Smith, & Anderson Families BROKERS: Nick Hemming (@Nick.Hemming) & Cathy Jeney - Paragon Real Estate Advisors SALE PRICE: $4,300,000 UNITS: 17 ~ PPU: $252,941 SF: 12,791 ~ PPSF: $336 NOTE FROM BUYER: ORKA Holdings, a Southern California-based real estate operating company, is pleased to announce its entry into the Pacific Northwest market with the acquisition of Skyline Apartments. This transaction marks the firm’s first investment in Seattle, signaling a new chapter in ORKA’s mission to acquire high-potential multifamily communities in premier coastal markets.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$229,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,277.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,384.19
Annual Debt Service$244,610.33