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Multifamily Building Sold At 1690 West Girard Avenue In Englewood For $2 Million
SOLD
$2,000,000
Colorado
See Similar DealsMultiFamily
Sold 04/02/2025
SOLD
Multifamily Building Sold At 1690 West Girard Avenue In Englewood For $2 Million
1690 West Girard Avenue
See Similar DealsMultiFamily
Sold 04/02/2025
Summary
COLORADO
Asset Type:MultiFamily
Transaction Type:Sale
A 16-unit multifamily building was sold for $2,000,000, located at 1690 West Girard Avenue in Englewood, CO, reflecting a price per unit of $125,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Units: 16
- Price Per Unit: $125,000
- Broker: Andrew Vollert - Kaufman Hagan Commercial Real Estate
Kaufman Hagan successfully brokered the sale of the multifamily building, facilitating the transaction between the parties involved in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
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