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Unique Properties/TCN Worldwide Brokers Sell Mixed-Use Property In Parker, CO For $4.8M

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SOLD
$4,800,000

Colorado

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Mixed-use
Sold 08/29/2022
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Property Image
SOLD

Unique Properties/TCN Worldwide Brokers Sell Mixed-Use Property In Parker, CO For $4.8M

10120 South Twenty Mile Road, Parker, Colorado 80134, United States

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Mixed-use
Sold 08/29/2022
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Summary

COLORADO
Asset Type:Mixed-use
Transaction Type:Sale

A mixed-use property located at 10120 Twenty Mile Road in Parker, CO has been sold for a price of $4,800,000. The property combines both residential and commercial spaces, offering a diverse range of opportunities for potential buyers. This transaction was facilitated by Brett MacDougall and Michael DeSantis from Unique Properties/TCN Worldwide.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $4,800,000
  • Address: 10120 Twenty Mile Road, Parker, CO
  • Market: Parker, CO

Brett MacDougall and Michael DeSantis from Unique Properties/TCN Worldwide played an instrumental role in the successful completion of this sale. Their expertise in the real estate industry helped to navigate the complexities of this transaction, ensuring a smooth process for all parties involved.

Players

Brett MacDougall
5 deals$14.9M volume
BROKER

Brett MacDougall
Unique Properties
5 deals$14.9M volume
BROKER

Michael DeSantis
5 deals$14.9M volume
BROKER

Details

SOLD
IMAGE: Michael DeSantis & Brett MacDougall DATE: 08/29/2022 ADDRESS: 10120 Twenty Mile Road MARKET: Parker, CO ASSET TYPE: Mixed-use BROKERS: Brett MacDougall & Michael DeSantis - Unique Properties/TCN Worldwide SALE PRICE: $4,800,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$256,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,053.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,754.45
Annual Debt Service$273,053.39