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7006 South Alton Way

NavPoint Real Estate Group Facilitates $2.2M Sale Of Mixed-Use Asset In Centennial
SOLDMixed-use

NavPoint Real Estate Group Facilitates $2.2M Sale Of Mixed-Use Asset In Centennial

7006 South Alton Way

$2,200,000

$223/SF

Building Size

9,850 SF

Asset Type

Mixed-use

Closing

Feb 20, 2024

AI

The flex building at 7006 South Alton Way in Centennial, CO, was recently sold for $2.2 million. Spanning 9,850 square feet, the mixed-use property was acquired by J&K Capital LLC from Bill & Paulette Weinberger LLC. The transaction was facilitated by NavPoint Real Estate Group, with Trent Rice of Pinnacle Real Estate Advisors representing the buyer.

Summary of transation details:

NavPoint Real Estate Group played a key role in orchestrating the sale of the flex building on South Alton Way, facilitating the transfer from the Weinberger family to J&K Capital LLC. It's noteworthy that the property is located in Centennial, a Denver suburb chosen as the setting for this transaction.

Players

Matt Kuble

NavPoint Real Estate Group

Broker

$2.2M

vol

1 deal

Broker

Centennial Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93