SOLDMultiFamily
Pinnacle Real Estate Advisors Facilitates $3M Acquisition Of Englewood Multifamily Property
3455 South Logan Street
$3,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 15, 2023
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.
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