Updated Dec 20, 2023
Marcus & Millichap Sells Multifamily Property In Tacoma, WA For $24M
6322 North 26th Street, Tacoma, Washington 98406, United States
$24,000,000
Units
130
Asset Type
MultiFamily
Closing
Sep 22, 2022
About this deal
AI
The multifamily property located at 6322 N 26th St in Tacoma, WA, has been sold in a closed transaction. The property spans across 4 acres and features 130 units. The sale was facilitated by Kellan Moll from Marcus & Millichap.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $24,000,000
- Units: 130
- Price per Unit (PPU): $184,615
- Date: 09/23/2022
- Market: Tacoma, WA
Representing the deal, Kellan Moll from Marcus & Millichap acted as the broker.
The multifamily sale at 6322 North 26th Street, Tacoma, Washington 98406, United States in Tacoma, Washington sold for $24M in 2022. Reported inventory is 130 units across 130 units. Kellan Moll, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Tacoma, Washington file for the 6322 North 26th Street, Tacoma, Washington 98406, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Tacoma sit in the Market section below. Filter that Tacoma multifamily set by closing date to see what else sold near 6322 North 26th Street, Tacoma, Washington 98406, United States around 2022. Published consideration for 6322 North 26th Street, Tacoma, Washington 98406, United States is $24M, dated 2022. Cite this Marcus & Millichap Sells Multifamily Property In Tacoma, WA For $24M sale when underwriting similar multifamily product around Tacoma, Washington.
Players
Tacoma 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
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93