Updated Jul 17, 2025
NorthMarq Brokers $15.2M Sale Of 114-Unit Multifamily Community In Tukwila WA
5711 South 152nd Street
$15,200,000
Units
114
Asset Type
MultiFamily
Closing
Jul 15, 2025
About this deal
AI
The property involved in this transaction is Hampton Heights, a multifamily asset located at 5711 South 152nd Street in Tukwila, WA. The sale was completed on July 15, 2025, with a total price of $15,200,000. The property comprises 114 units, resulting in a price per unit of $133,333.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $15,200,000
- Units: 114
- Price Per Unit: $133,333
- Address: 5711 South 152nd Street
- Market: Tukwila, WA
- Brokers: Tyler Smith, Steve Fischer & Joe Kinkopf - NorthMarq
NorthMarq was instrumental in brokering the sale of the Hampton Heights community, ensuring the successful transaction of this affordable housing asset in Tukwila. The brokerage team comprised Tyler Smith, Steve Fischer, and Joe Kinkopf, who represented the parties involved in the deal.
Players
Tukwila 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
1.04%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93