Updated Sep 5, 2024
Pinnacle Real Estate Advisors Brokers $4.5M Sale Of Multifamily Property In Wheat Ridge, CO
3330 Ames Street
$4,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 21, 2022
About this deal
AI
A multifamily property located at 3330 Ames Street in Wheat Ridge, CO has been sold for a total price of $4,500,000. The property is situated in a thriving market and offers attractive investment opportunities.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,500,000
- Brokers: Chris Knowlton, Mark Knowlton & Josh Newell - Pinnacle Real Estate Advisors
This sale was facilitated by the brokerage firm Pinnacle Real Estate Advisors, with brokers Chris Knowlton, Mark Knowlton, and Josh Newell working on behalf of the parties involved in the deal. Their expertise and knowledge of the market played a crucial role in ensuring a successful transaction.
On the Map
$4,500,000
MultiFamily
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Players
Wheat Ridge MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93