Updated Dec 21, 2023
CBRE Brokers Jon Hallgrimson, Eli Hanacek, Mark Washington & Kyle Yamamoto Sell Seattle Multifamily For $104M
624 Yale Avenue North, Seattle, Washington 98109, United States
$104,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 24, 2022
About this deal
AI
624 Yale Ave N, a multifamily property located in Seattle, WA, has been sold for a total price of $104,000,000. The transaction took place on October 25, 2022. The property, comprising of multiple residential units, offers a valuable investment opportunity in the Seattle market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $104,000,000
- Address: 624 Yale Ave N, Seattle, WA
- Market: Seattle, WA
The sale of 624 Yale Ave N was facilitated by the brokerage team at CBRE. The deal was represented by Jon Hallgrimson, Eli Hanacek, Mark Washington, and Kyle Yamamoto, who played a significant role in ensuring the success of the transaction. Their expertise and knowledge of the market contributed to the completion of the deal, demonstrating their commitment to delivering exceptional service to their clients.
On the Map
$104,000,000
MultiFamily
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Seattle 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
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93