SOLDMultiFamily
Marcus & Millichap Brokers Facilitate $27M Multifamily Sale In Denver, CO
12146 West Nevada Drive, Denver, Colorado 80228, United States
$27,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 21, 2023
AI
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
Denver 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
0.59%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93