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3510 9th Street, Bremerton,...

Updated Dec 19, 2023

Blueprint Healthcare Real Estate Advisors Sells 50-Unit Multifamily Property In Bremerton, WA For $10.6M
SOLDMultiFamily

Blueprint Healthcare Real Estate Advisors Sells 50-Unit Multifamily Property In Bremerton, WA For $10.6M

3510 9th Street, Bremerton, Washington 98312, United States

$10,600,000

$2,536/SF

Building Size

4,179 SF

Asset Type

MultiFamily

Closing

Jun 19, 2022

About this deal

AI

The multifamily property located at 3510 9th St in Bremerton, WA has been sold in a recent transaction. The property consists of 50 units and was sold for a total of $10,600,000, resulting in a price per unit of $212,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $10,600,000
  • Units: 50
  • Price Per Unit: $212,000

The sale of this multifamily property was facilitated by Blueprint Healthcare Real Estate Advisors, representing the buyer and seller in the transaction.

The multifamily sale at 3510 9th Street, Bremerton, Washington 98312, United States in Bremerton, Washington sold for $10.6M in 2022. Reported inventory is 4,179 square feet across 50 units, or about 2.5K per square foot. This page is the Bremerton, Washington file for the 3510 9th Street, Bremerton, Washington 98312, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Bremerton sit in the Market section below. Filter that Bremerton multifamily set by closing date to see what else sold near 3510 9th Street, Bremerton, Washington 98312, United States around 2022. Published consideration for 3510 9th Street, Bremerton, Washington 98312, United States is $10.6M, dated 2022. Cite this Blueprint Healthcare Real Estate Advisors Sells 50-Unit Multifamily Property In Bremerton, WA For $10.6M sale when underwriting similar multifamily product around Bremerton, Washington.

Players

Bremerton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $2.5K per square foot on a published $10.6M for 4,179 square feet (2022).

Browse Washington multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.50%

Cash-on-Cash

-0.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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