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1330 N Gaylord Street

CBRE Sells Multifamily Property In Denver, CO For $31M
SOLDMultiFamily

CBRE Sells Multifamily Property In Denver, CO For $31M

1330 N Gaylord Street

$31,000,000

Building Size

Asset Type

MultiFamily

Closing

Nov 14, 2022

AI

The multifamily property located at 1330 N Gaylord Street in Denver, CO has been sold for a total price of $31,000,000. This property consists of 82 units with an average price per unit of $378,049.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $31,000,000
  • Address: 1330 N Gaylord Street, Denver, CO
  • Market: Denver, CO
  • Broker: Justin Hunt - CBRE
  • Units: 82
  • Price per Unit (PPU): $378,049

CBRE's Justin Hunt represented the buyer and/or seller in this transaction.

Players

Justin Hunt

CBRE

Broker

$198.3M

vol

5 deals

Broker

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

0.51%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93