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3257 South Parker Road, Aur...

Updated Oct 28, 2024

Laramar Sells Aurora, CO Multifamily For $99.5M
SOLDMultiFamily

Laramar Sells Aurora, CO Multifamily For $99.5M

3257 South Parker Road, Aurora, Colorado 80014, United States

$99,500,000

Units

336

Asset Type

MultiFamily

Closing

Sep 14, 2022

About this deal

AI

The multifamily property located at 3257 S Parker Rd in Aurora, CO was recently sold for a total price of $99,500,000. This property consists of 336 units, resulting in a price per unit of $296,131. The transaction took place on September 15, 2022.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $99,500,000
  • Address: 3257 S Parker Rd
  • Market: Aurora, CO
  • Units: 336
  • Price Per Unit: $296,131

The seller of the property was Laramar.

The multifamily sale at 3257 South Parker Road, Aurora, Colorado 80014, United States in Denver, Colorado sold for $99.5M in 2022. Reported inventory is 336 units across 336 units. This page is the Denver, Colorado file for the 3257 South Parker Road, Aurora, Colorado 80014, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Denver sit in the Market section below. Filter that Denver multifamily set by closing date to see what else sold near 3257 South Parker Road, Aurora, Colorado 80014, United States around 2022. Published consideration for 3257 South Parker Road, Aurora, Colorado 80014, United States is $99.5M, dated 2022. Cite this Laramar Sells Aurora, CO Multifamily For $99.5M sale when underwriting similar multifamily product around Denver, Colorado.

Players

Denver MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $296.1K per unit across 336 units on a published $99.5M (2022).

Browse Denver multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.16%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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