Updated Dec 4, 2024
Ben Friedman Acquires Thunderbird Village Multifamily In Vancouver For $26.7M
4601 East 18th Street
$26,700,000
Units
182
Asset Type
MultiFamily
Closing
Jun 6, 2024
About this deal
AI
Thunderbird Village, a multifamily property consisting of 182 units, located at 4601 East 18th Street in Vancouver, WA, was sold for $26.7 million. The sale price equated to $146,703 per unit in this transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $26,700,000
- Units: 182
- Price Per Unit: $146,703
- Address: 4601 East 18th Street
- Market: Vancouver, WA
- Buyer: Ben Friedman - Abacus Capital Group
- Seller: Lauren Noecker - NBP Capital
Abacus Capital Group, represented by Ben Friedman, acquired Thunderbird Village from NBP Capital, with Lauren Noecker as the seller. The transaction involved a significant investment in the multifamily property located in Vancouver, WA.
On the Map
$26,700,000
MultiFamily
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Vancouver 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
0.59%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93