Pinnacle Real Estate Advisors Brokers Sale Of 20-Unit Multifamily Property In Englewood, CO For $4.2M
SOLD
$4,200,000
Colorado
See Similar DealsMultiFamily
Sold 07/12/2022
SOLD
Pinnacle Real Estate Advisors Brokers Sale Of 20-Unit Multifamily Property In Englewood, CO For $4.2M
3444 South Marion Street
See Similar DealsMultiFamily
Sold 07/12/2022
Summary
COLORADO
Asset Type:MultiFamily
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$223,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,921.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,910.14
Annual Debt Service$238,921.71
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