Max Frame Of Kidder Mathews Represents Seller In $1.85M Wenatchee MultiFamily Sale
475 North Elliott Avenue
$1,850,000
$287/SF
Building Size
6,444 SF
Asset Type
MultiFamily
Closing
Jul 23, 2026
AI
A nine-unit mixed-use apartment property located at 475 North Elliott Avenue in Wenatchee, Washington, has been sold for $1.85 million. The asset encompasses 6,444 square feet and features eight residential units along with one commercial space. This property was built in 2015, and the sale was completed following an all-cash offer, with the property going under contract in six days and closing in 28 days.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,850,000
- Square Footage: 6,444
- Price Per Square Foot: $287
- Units: 9
- Price Per Unit: $205,556
- Broker Representing Seller: Max Frame - Kidder Mathews
The transaction highlights the efficiency of the process, with rapid movement from listing to contract and subsequent closing in a short timeframe. Max Frame from Kidder Mathews played a pivotal role in representing the seller in this deal.
Players
Arlington 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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93