DB Capital Management Acquires Multifamily Property In Aurora, CO For $24.55M
1678 Paris Street, Aurora, Colorado 80010, United States
$24,550,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 27, 2022
AI
A multifamily property located at 1678 Paris St in Aurora, CO was recently sold in a closed transaction. The property was sold at a price of $24,550,000.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $24,550,000
- Address: 1678 Paris St
- Market: Aurora, CO
The buyer of the property was DB Capital Management, represented by Brennen Degner and Darren Hulick. The deal was facilitated by brokers Erik Toll and Spencer Bradley from CBRE.
Players
Aurora 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
0.65%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93