Updated Oct 28, 2024
Champion Real Estate Company Acquires Seattle Student Housing For $7M
700 Northeast 45th Street, Seattle, Washington 98105, United States
$7,000,000
Units
110
Asset Type
Other
Closing
Jul 5, 2022
About this deal
AI
A student housing property located at 700 NE 45th St in Seattle, WA was recently sold for a total price of $7,000,000. The property consists of 110 units, with each unit having a price per unit (PPU) of $63,636.
Summary of transaction details
- Property Type: Student Housing
- Transaction Amount: $7,000,000
The buyer of the property was Champion Real Estate Company, represented by Garrett Champion. The sale was facilitated by Dylan Simon from Kidder Mathews.
The other sale at 700 Northeast 45th Street, Seattle, Washington 98105, United States in Seattle, Washington sold for $7M in 2022. Reported inventory is 110 units across 110 units. Dylan Simon, Garrett Champion, Kidder Mathews appear on the sale alongside Kidder Mathews. This page is the Seattle, Washington file for the 700 Northeast 45th Street, Seattle, Washington 98105, United States other sold: pricing, party profiles, and other closed other comps from the same Seattle sit in the Market section below. Filter that Seattle other set by closing date to see what else sold near 700 Northeast 45th Street, Seattle, Washington 98105, United States around 2022. Published consideration for 700 Northeast 45th Street, Seattle, Washington 98105, United States is $7M, dated 2022. Cite this Champion Real Estate Company Acquires Seattle Student Housing For $7M sale when underwriting similar other product around Seattle, Washington.
Players
Seattle Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Deal FAQ
Visit Dylan Simon to view all their deals.
Browse Washington other sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93