Alexander Leder's New Construction Townhomes In Denver, Colorado Sell For $21M
3116 Gilpin St, Denver, CO 80205, USA
$21,000,000
$403/SF
Building Size
52,090 SF
Asset Type
MultiFamily
Closing
Apr 19, 2020
AI
Four new construction townhomes located in Denver, Colorado have been sold in a transaction handled by Alexander Leder from BigAlchemist. The properties are situated at 3 South Ogden Street, 3116 N Gilpin Street, 417 Harrison Street, and 542 Kalamath Street.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $21,000,000
- Square Footage: 52,090
- Price Per Square Foot: $403
- Number of Units: 35
- Market: Denver, Colorado
Alexander Leder from BigAlchemist represented the parties involved in the deal. Additional information regarding the individuals and companies associated with the transaction is not available.
Denver 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
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93