The Opus Group Acquires Vacant Land In Aurora, CO For $49.7M
East 56th Avenue, Aurora, Colorado 80249, United States
$49,700,000
Building Size
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Asset Type
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Closing
Jul 21, 2022
AI
The Opus Group has acquired a vacant land property in Aurora, CO for a total of 316 acres. The property is located at the intersection of East 56th Ave and Harvest Road. The transaction was closed on July 22, 2022, with a sale price of $49,700,000.
Summary of transaction details
- Property Type: Vacant Land
- Transaction Amount: $49,700,000
- Address: East 56th Ave & Harvest Road, Aurora, CO
- Market: Aurora, CO
- Buyer: The Opus Group
- Brokers: Todd Witty & Daniel Close - CBRE
The deal was brokered by Todd Witty and Daniel Close from CBRE. They represented The Opus Group in the transaction.
Players
Aurora CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93