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5711 South 152nd Street

Updated Jul 17, 2025

NorthMarq Brokers $15.2M Sale Of 114-Unit Multifamily Community In Tukwila WA
SOLDMultiFamily

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:

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

Steve Fischer

NorthMarq

Broker

$95.6M

vol

5 deals

Broker
NorthMarq
NorthMarqBrokerage

Tukwila MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $133.3K per unit across 114 units on a published $15.2M (2025).

Visit Steve Fischer to view all their deals.

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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

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