Updated Jan 21, 2025
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
Units
35
Asset Type
MultiFamily
Closing
Jan 21, 2025
About this deal
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:
- Property Type: MultiFamily
- Transaction Amount: $3,100,000
- Units: 35
- Price Per Unit: $88,571
- Broker: Chris Knowlton - Pinnacle Real Estate Advisors
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.
On the Map
$3,100,000
MultiFamily
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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