Updated Oct 5, 2026
CBRE Directs $53 Million Sale Of 125-Unit Chambers Reserve Multifamily In Lacey, WA
3725 Wildspitz Lane Southeast
$53,000,000
Units
125
Asset Type
MultiFamily
Closing
Oct 1, 2026
About this deal
AI
The sale of Chambers Reserve involved a multi-family asset located at 3725 Wildspitz Lane Southeast in Lacey, WA. The transaction was completed on October 1, 2026, with a sale price of $53,000,000. The asset is a 125-unit townhome community, underscoring its scale within the multi-family housing market.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $53,000,000
- Address: 3725 Wildspitz Lane Southeast
- Market: Lacey, WA
- Brokers: Jordan Louie, Eli Hanacek, Kyle Yamamoto & Natalie Kasper - CBRE
CBRE was responsible for directing the $53 million sale, with Jordan Louie, Eli Hanacek, Kyle Yamamoto, and Natalie Kasper representing the seller in this transaction. Their expertise facilitated the completion of this notable deal in the Lacey market.
On the Map
$53,000,000
MultiFamily
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Players
Sands 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
0.30%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93