Continental Realty Group & MLG Capital Acquires 112-Unit Multifamily Property In Durango, CO For $32.75M
SOLD
$32,750,000
Colorado
See Similar DealsMultiFamily
Sold 09/21/2022
SOLD
Continental Realty Group & MLG Capital Acquires 112-Unit Multifamily Property In Durango, CO For $32.75M
1000 Goeglein Gulch, Durango, Colorado 81301, United States
See Similar DealsMultiFamily
Sold 09/21/2022
Summary
COLORADO
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 1000 Goeglein Gulch in Durango, CO has been sold in a closed transaction. The property consists of 112 units and was sold for a total price of $32,750,000, resulting in a price per unit of $292,410.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $32,750,000
- Address: 1000 Goeglein Gulch, Durango, CO
- Market: Durango, CO
- Buyer: Continental Realty Group & MLG Capital
- Units: 112
- Price Per Unit: $292,410
The buyer involved in this transaction are Continental Realty Group and MLG Capital. They represent the buyer's side in the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,746,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$116,353.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$155,251.71
Annual Debt Service$1,863,020.50
Is there something missing? Send suggestions