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1024 Oxford Street

Chris Knowlton Of Pinnacle Real Estate Advisors Represents Both Buyer And Seller In $3.1M Sale Of Oxford Pines Apartments In Pueblo
SOLDMultiFamily

Chris Knowlton Of Pinnacle Real Estate Advisors Represents Both Buyer And Seller In $3.1M Sale Of Oxford Pines Apartments In Pueblo

1024 Oxford Street, 1026 Oxford Street & 28 Amherst Avenue

$3,100,000

Building Size

Asset Type

MultiFamily

Closing

Jan 21, 2025

AI

The transaction involved a MultiFamily asset located at 1024-1026 Oxford Street & 28 Amherst Avenue in Pueblo, CO. The property comprises 35 units and was sold at a price of $3,100,000, equating to approximately $88,571 per unit.

Summary of transaction details:

Chris Knowlton represented both the buyer and seller in this transaction, which involved the brokerage of the Oxford Pines Apartments. The sale took place on January 21, 2025, contributing to the multifamily market in Pueblo, Colorado.

Players

Chris Knowlton

Pinnacle Real Estate Advisors

Broker

$26.7M

vol

7 deals

Broker

Pueblo MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93