Updated Sep 9, 2024
NorthPeak Commercial Advisors Facilitates $6.3M Sale Of Multifamily Property In Aurora, CO
1571 Beeler Street, Aurora, Colorado 80010, United States
$6,300,000
$85,135/SF
Building Size
74 SF
Asset Type
MultiFamily
Closing
Jan 10, 2023
About this deal
AI
The multifamily property located at 1571 Beeler St and 1641 Alton St in Aurora, CO has been sold. The transaction, facilitated by NorthPeak Commercial Advisors represented by Scott Fetter, Keith Hardy, and Joe Hornstein, closed on January 11, 2023. The sale price for this property was recorded at $6,300,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,300,000
- Address: 1571 Beeler St & 1641 Alton St, Aurora, CO
- Market: Aurora, CO
- Units: 84
- Price per Unit: $75,000
- Square Footage: 74,596
- Price per Square Foot: $84
The involvement of Scott Fetter, Keith Hardy, and Joe Hornstein from NorthPeak Commercial Advisors showcases the key individuals responsible for representing the parties involved in this transaction.
On the Map
$6,300,000
$85,135/SF
MultiFamily
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Players
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
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93