Trailbreak Partners Acquires Apartment Complex In Fort Collins For $24.7M
SOLD
$24,700,000
Colorado
See Similar DealsMultiFamily
Sold 01/05/2022
SOLD
Trailbreak Partners Acquires Apartment Complex In Fort Collins For $24.7M
1113 West Plum Street, Fort Collins, Colorado 80521, United States
See Similar DealsMultiFamily
Sold 01/05/2022
Summary
COLORADO
Asset Type:MultiFamily
Transaction Type:Sale
An apartment property located at 1113 W Plum St in Fort Collins, CO has been sold in a transaction. The sale price for the property was $24,700,000. It consists of 107 units, resulting in a price per unit of $230,841.
Summary of transaction details
- Property Type: Apartment
- Transaction Amount: $24,700,000
- Address: 1113 W Plum St, Fort Collins, CO
- Market: Fort Collins, CO
- Buyer: Trailbreak Partners
- Seller: Bridge Partners Inc.
- Broker: Nick Steele, John Laratta, Tyler King, Brian Huff, & Nate Moyer - Berkadia
The deal involved the buyer, Trailbreak Partners, and the seller, Bridge Partners Inc. The transaction was facilitated by the broker team composed of Nick Steele, John Laratta, Tyler King, Brian Huff, and Nate Moyer from Berkadia.
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
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)
$1,317,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$87,753.88
Cash-on-Cash Return-1.27%
Monthly Debt Service$117,090.60
Annual Debt Service$1,405,087.22
Is there something missing? Send suggestions