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Chris Knowlton Of Pinnacle Real Estate Advisors Represents Both Buyer And Seller In $5.5M Pueblo Multifamily Sale
SOLD
$5,500,000
Colorado
See Similar DealsMultiFamily
Sold 05/07/2025
SOLD
Chris Knowlton Of Pinnacle Real Estate Advisors Represents Both Buyer And Seller In $5.5M Pueblo Multifamily Sale
2026 Carlee Drive
See Similar DealsMultiFamily
Sold 05/07/2025
Summary
COLORADO
Asset Type:MultiFamily
Transaction Type:Sale
A multi-family property located at 2026 Carlee Drive in Pueblo, CO, has been sold for $5,500,000. The asset comprises a total of 60 units, leading to a price per unit of $91,667.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $5,500,000
- Units: 60
- Price Per Unit: $91,667
Pinnacle Real Estate Advisors facilitated the transaction, with Chris Knowlton representing both the buyer and seller in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$293,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,540.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,072.81
Annual Debt Service$312,873.67
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