The Mogharebi Group Facilitates $21.25M Sale Of 62-Unit Multifamily Property In Olympia, WA
5600 Dunham Drive, Olympia, Washington 98501, United States
$21,250,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 29, 2022
AI
A multifamily property located at 5600 Dunham Drive in Olympia, WA has been sold in a recent transaction. The property consists of 62 units, and the sale price recorded for this transaction was $21,250,000. This results in a price per unit (PPU) of $343.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $21,250,000
- Address: 5600 Dunham Drive, Olympia, WA
- Market: Olympia, WA
Ryan Kidwell of The Mogharebi Group represented the parties involved in this transaction as the broker.
Olympia 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
0.75%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93