Updated Dec 4, 2024
Pinnacle Real Estate Advisors Facilitates $3M Acquisition Of Englewood Multifamily Property
3455 South Logan Street
$3,000,000
Units
19
Asset Type
MultiFamily
Closing
Nov 15, 2023
About this deal
AI
Pinnacle Real Estate Advisors has facilitated the acquisition of a multifamily property in Englewood, a Denver suburb, located at 3455 S. Logan St., for $3 million. The property consists of 19 units, and the price per unit comes to $157,895.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Units: 19
- Price Per Unit: $157,895
Connor Knutson and Josh Newell from Pinnacle Real Estate Advisors acted as the brokers in this deal.
The multifamily sale at 3455 South Logan Street in Englewood, Colorado sold for $3M in 2023. Reported inventory is 19 units across 19 units. Connor Knutson, Josh Newell, Pinnacle Real Estate Advisors appear on the sale alongside Pinnacle Real Estate Advisors. This page is the Englewood, Colorado file for the 3455 South Logan Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Englewood sit in the Market section below. Filter that Englewood multifamily set by closing date to see what else sold near 3455 South Logan Street around 2023. Published consideration for 3455 South Logan Street is $3M, dated 2023. Cite this Pinnacle Real Estate Advisors Facilitates $3M Acquisition Of Englewood Multifamily Property sale when underwriting similar multifamily product around Englewood, Colorado.
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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93