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475 North Elliott Avenue

Max Frame Of Kidder Mathews Represents Seller In $1.85M Wenatchee MultiFamily Sale
SOLDMultiFamily

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

Max Frame

Kidder Mathews

Broker

$76.1M

vol

14 deals

Broker

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