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Pinnacle Real Estate Advisors Brokers $5.1M Sale Of Kings Brook Arms Apartments In Englewood CO

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SOLD
$5,100,000

Colorado

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MultiFamily
Sold 05/19/2025
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Property Image
SOLD

Pinnacle Real Estate Advisors Brokers $5.1M Sale Of Kings Brook Arms Apartments In Englewood CO

3445 South Marion Street & 3455 South Marion Street

See Similar Deals
MultiFamily
Sold 05/19/2025
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Summary

COLORADO
Asset Type:MultiFamily
Transaction Type:Sale

The property involved in this transaction is the Kings Brook Arms Apartments, a multi-family asset located at 3445-3455 South Marion Street in Englewood, CO. The sale price was $5,100,000, translating to a price per unit of $150,000 for the 34 units within the property.

Summary of transaction details:

The transaction was facilitated by brokers Jim Knowlton, Mark Knowlton, and Chris Knowlton, representing the interest of one party in the deal. The identities of the buyer and seller remain undisclosed, ensuring privacy in the transaction details.

Players

Chris Knowlton
7 deals$26.7M volume(303) 962-9566
BROKER

Mark Knowlton
Pinnacle Real Estate Advisors
4 deals$16.1M volume(720) 638-5404
BROKER

Jim Knowlton
Pinnacle Real Estate Advisors
5 deals$17M volume(303) 962-9543
BROKER

Details

SOLD
IMAGE: 05/19/2025 ADDRESS: 3445-3455 South Marion Street MARKET: Englewood, CO ASSET TYPE: MultiFamily BROKERS: Jim Knowlton, Mark Knowlton & Chris Knowlton - Pinnacle Real Estate Advisors LENDER: Bank of Colorado SALE PRICE: $5,100,000 UNITS: 34 ~ PPU: $150,000 NOTE: Pinnacle Real Estate Advisors brokered the $5.1M sale of Kings Brook Arms Apartments in Englewood, CO, at $150K per unit. The buyer and seller were undisclosed; Bank of Colorado financed the deal.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$271,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,119.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,176.60
Annual Debt Service$290,119.22