Updated Dec 19, 2023
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
Units
62
Asset Type
MultiFamily
Closing
Jun 29, 2022
About this deal
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.
The multifamily sale at 5600 Dunham Drive, Olympia, Washington 98501, United States in Olympia, Washington sold for $21.3M in 2022. Reported inventory is 62 units across 62 units. Ryan Kidwell, The Mogharebi Group appear on the sale alongside The Mogharebi Group. This page is the Olympia, Washington file for the 5600 Dunham Drive, Olympia, Washington 98501, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Olympia sit in the Market section below. Filter that Olympia multifamily set by closing date to see what else sold near 5600 Dunham Drive, Olympia, Washington 98501, United States around 2022. Published consideration for 5600 Dunham Drive, Olympia, Washington 98501, United States is $21.3M, dated 2022. Cite this The Mogharebi Group Facilitates $21.25M Sale Of 62-Unit Multifamily Property In Olympia, WA sale when underwriting similar multifamily product around Olympia, Washington.
On the Map
$21,250,000
MultiFamily
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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