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15500 East 13th Avenue Auro...

Updated Oct 29, 2024

Hosler Holdings Sells 28-Unit Multifamily Property In Aurora For $4M
SOLDMultiFamily

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.

On the Map

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$4,000,000

$132/SF

MultiFamily

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Players

Barton Thompson

Pinnacle Real Estate Advisors

Broker

$12.8M

vol

3 deals

Broker

Aurora MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $132 per square foot on a published $4M for 30,132 square feet (2023).

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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

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