Updated Oct 29, 2024
Yampa Valley Housing Authority Acquires Multifamily Property In Steamboat Springs, CO For $3.1M
2453 Lincoln Avenue, Steamboat Springs, Colorado 80487, United States
$3,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 12, 2022
About this deal
AI
The multifamily property located at 2453 Lincoln Ave in Steamboat Springs, CO has been sold for a total of $3,100,000. The buyer of the property is Yampa Valley Housing Authority, while the seller is Whitehaven LLC. The transaction was facilitated by Jon Shay from CBRE.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,100,000
- Address: 2453 Lincoln Ave, Steamboat Springs, CO
- Market: Steamboat Springs, CO
- Buyer: Yampa Valley Housing Authority
- Seller: Whitehaven LLC
- Broker: Jon Shay - CBRE
This transaction involves the sale of a multifamily property in Steamboat Springs, CO. The property is located at 2453 Lincoln Ave and has been acquired by Yampa Valley Housing Authority. The seller, Whitehaven LLC, made the deal with the assistance of their broker representative, Jon Shay from CBRE.
Players
Steamboat Springs MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93