facebook
Traded Co logo
Submit

Marcus & Millichap Brokers Facilitate $27M Multifamily Sale In Denver, CO

Property Image
SOLD
$27,000,000

Colorado

See Similar Deals
MultiFamily
Sold 04/21/2023
the dealplayerscompscontact
Property Image
SOLD

Marcus & Millichap Brokers Facilitate $27M Multifamily Sale In Denver, CO

12146 West Nevada Drive, Denver, Colorado 80228, United States

See Similar Deals
MultiFamily
Sold 04/21/2023
Contact now

Summary

COLORADO
Asset Type:MultiFamily
Transaction Type:Sale

The multifamily property located at 12144-12146 W Nevada Dr in Denver, CO has been sold for a total of $27,000,000. This property consists of 96 units, with a per unit price of $281,250.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $27,000,000
  • Address: 12144-12146 W Nevada Dr, Denver, CO
  • Market: Denver, CO

The deal was facilitated by brokers Kent Guerin, Jason Hornik, and Greg Parker from Marcus & Millichap.

Players

Jason Hornik
4 deals$123.3M volume
BROKER

Greg Parker
Marcus & Millichap
3 deals$72.2M volume
BROKER

Kent Guerin
Marcus & Millichap
2 deals$54.5M volume
BROKER

Details

SOLD
IMAGE: Kent Guerin, Jason Hornik & Greg Parker DATE: 04/21/2023 ADDRESS: 12144-12146 W Nevada Dr MARKET: Denver, CO ASSET TYPE: Multifamily BROKERS: Kent Guerin, Jason Hornik & Greg Parker - Marcus & Millichap SALE PRICE: $27,000,000 UNITS: 96 ~ PPU: $281,250

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,440,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$95,925.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$127,993.77
Annual Debt Service$1,535,925.30