Updated Dec 4, 2024
AEKP Real Estate Acquires Office Building Near Tacoma Dome For $3.55M
402 East 26th Street
$3,550,000
Building Size
—
Asset Type
Office
Closing
Feb 21, 2024
About this deal
AI
An office building located at 402 East 26th Street in Tacoma, WA, was recently sold for $3.55 million. The three-story office property is in close proximity to the Tacoma Dome.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,550,000
- Address: 402 East 26th Street
- Market: Tacoma, WA
- Buyer: AEKP Real Estate
AEKP Real Estate, associated with the Muckleshoot Indian Tribe, was the buyer in this transaction.
The office sale at 402 East 26th Street in Tacoma, Washington sold for $3.6M in 2024. 402 East 26th Street is classified as Office on Traded. This page is the Tacoma, Washington file for the 402 East 26th Street office sold: pricing, party profiles, and other closed office comps from the same Tacoma sit in the Market section below. Filter that Tacoma office set by closing date to see what else sold near 402 East 26th Street around 2024. Published consideration for 402 East 26th Street is $3.6M, dated 2024. Cite this AEKP Real Estate Acquires Office Building Near Tacoma Dome For $3.55M sale when underwriting similar office product around Tacoma, Washington.
On the Map
$3,550,000
Office
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Players
Tacoma Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93