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
Denver MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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