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3444 South Marion Street

Pinnacle Real Estate Advisors Brokers Sale Of 20-Unit Multifamily Property In Englewood, CO For $4.2M
SOLDMultiFamily

Pinnacle Real Estate Advisors Brokers Sale Of 20-Unit Multifamily Property In Englewood, CO For $4.2M

3444 South Marion Street

$4,200,000

Building Size

Asset Type

MultiFamily

Closing

Jul 12, 2022

AI

The multifamily property located at 3444 S. Marion St in Englewood, CO was recently sold for $4,200,000. This transaction involved 20 residential units, with a price per unit of $208,000. The property was listed by Chris Knowlton, Mark Knowlton, and Jim Knowlton of Pinnacle Real Estate Advisors.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,200,000
  • Address: 3444 S. Marion St, Englewood, CO
  • Market: Englewood, CO
  • Units: 20
  • Price per Unit: $208,000

Chris Knowlton, Mark Knowlton, and Jim Knowlton from Pinnacle Real Estate Advisors represented the sellers in this transaction. They played a key role in facilitating the successful sale of the property.

Players

Chris Knowlton

Pinnacle Real Estate Advisors

Broker

$26.7M

vol

7 deals

Broker

Englewood 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

3.78%

Cash-on-Cash

-1.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93