Updated Dec 4, 2024
Colliers Sells Mukilteo Office Building For $2.375M - David Gunther Brokers Deal
3977 Harbour Pointe Boulevard Southwest
$2,375,000
$431/SF
Building Size
5,504 SF
Asset Type
Office
Closing
Mar 25, 2024
About this deal
AI
The two-story office building located at 3977 Harbour Pointe Boulevard Southwest in Mukilteo, Washington, was recently sold for $2,375,000. The property offers 5,504 square feet of office space and is situated near prominent locations like Paine Field Airport and Boeing’s Everett facility.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,375,000
- SF: 5,504
- PPSF: $432
- Address: 3977 Harbour Pointe Boulevard Southwest
- Market: Mukilteo, WA
David Gunther from Colliers played a key role as the broker in facilitating the sale of the office building. His expertise and representation were instrumental in completing the transaction successfully.
On the Map
$2,375,000
$431/SF
Office
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Players
Mukilteo Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.68%
Cash-on-Cash
-1.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93