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
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