SOLDMultiFamily
The Mogharebi Group Sells Olympia Multifamily Property For $21M
4907 Dunham Drive, Olympia, Washington 98501, United States
$21,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 6, 2022
AI
A multifamily property located at 4907 Dunham Dr in Olympia, WA has been sold for a price of $21,000,000. The property consists of 62 units, with a per unit price of $338,710.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $21,000,000
The sale of this multifamily property was facilitated by Ryan Kidwell of The Mogharebi Group.
Olympia MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93