Updated Sep 5, 2024
Marcus & Millichap Brokers Facilitate $27M Multifamily Sale In Denver, CO
12146 West Nevada Drive, Denver, Colorado 80228, United States
$27,000,000
Units
96
Asset Type
MultiFamily
Closing
Apr 21, 2023
About this deal
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.
The multifamily sale at 12146 West Nevada Drive, Denver, Colorado 80228, United States in Denver, Colorado sold for $27M in 2023. Reported inventory is 96 units across 96 units. Kent Guerin, Jason Hornik, Greg Parker, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Denver, Colorado file for the 12146 West Nevada Drive, Denver, Colorado 80228, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Denver sit in the Market section below. Filter that Denver multifamily set by closing date to see what else sold near 12146 West Nevada Drive, Denver, Colorado 80228, United States around 2023. Published consideration for 12146 West Nevada Drive, Denver, Colorado 80228, United States is $27M, dated 2023. Cite this Marcus & Millichap Brokers Facilitate $27M Multifamily Sale In Denver, CO sale when underwriting similar multifamily product around Denver, Colorado.
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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