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
About this deal
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:
- Property Type: Mixed-use
- Transaction Amount: $2,200,000
- Address: 7006 South Alton Way
- Market: Centennial, CO
- Square Footage: 9,850
- Price per Square Foot: $223
- Buyer's Representative: Trent Rice - Pinnacle Real Estate Advisors
- Seller: Bill & Paulette Weinberger LLC
- Seller's Representatives: Jordan Burgess & Matt Kuble - NavPoint Real Estate Group
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
Centennial Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Pinnacle Real Estate Advisors to view all their deals.
Browse Centennial mixed use sales on Traded.
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