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2950 West Point Holdings LLC Purchases Mixed-Use Asset In Castle Rock For $2.5 Million
SOLD
$2,500,000
Colorado
See Similar DealsMixed-use8,969 SF
Sold 08/07/2025
SOLD
2950 West Point Holdings LLC Purchases Mixed-Use Asset In Castle Rock For $2.5 Million
734 North Wilcox Street
See Similar DealsMixed-use8,969 SF
Sold 08/07/2025
Summary
COLORADO
Asset Type:Mixed-use
Price Per Square Foot:$278
Total Square Footage:8,969 SF
Transaction Type:Sale
A mixed-use property located at 734 North Wilcox Street in Castle Rock, CO, was sold for $2,500,000. The asset features a total area of 8,969 square feet, translating to a price per square foot of $279.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,500,000
- Buyer: 2950 West Point Holdings LLC
- Seller: Seven34 LLC
- Buyer's Representative: Andrew Monette - Pinnacle Real Estate Advisors
- Seller's Representative: John V. Propp - John Propp Commercial Group
John Propp Commercial Group facilitated the sale, guiding the transaction of the office/retail building. The buyer, 2950 West Point Holdings LLC, intends to utilize the property as an investment.
Players
BROKERAGE
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$133,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
Annual Debt Service$142,215.31
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