Updated Oct 29, 2024
Hosler Holdings Sells 28-Unit Multifamily Property In Aurora For $4M
15500 East 13th Avenue Aurora, Colorado 80011, USA
$4,000,000
$132/SF
Building Size
30,132 SF
Asset Type
MultiFamily
Closing
Aug 15, 2023
About this deal
AI
The residential property located at 15500 East 13th Avenue in Aurora, CO was recently sold for $4 million. The property is a multifamily asset comprising 28 units with a total square footage of 30,132. This equates to a price per unit (PPU) of $142,857 and a price per square foot (PPSF) of $133.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,000,000
- Units: 28
- PPU: $142,857
- Square Footage: 30,132
- PPSF: $133
- Address: 15500 East 13th Avenue, Aurora, CO
- Market: Aurora, CO
The sale of this residential property was facilitated by Pinnacle Real Estate Advisors. The seller, Hosler Holdings, was represented by Barton Thompson, a broker from Pinnacle Real Estate Advisors.
Aurora 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93