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3550 South Kendall Street

Updated Oct 22, 2025

Trinity Property Consultants Acquires ReNew Pinehurst Multifamily In Denver From Advenir Azora For $40M
SOLDMultiFamily

Trinity Property Consultants Acquires ReNew Pinehurst Multifamily In Denver From Advenir Azora For $40M

3550 South Kendall Street

$40,000,000

Units

230

Asset Type

MultiFamily

Closing

Oct 21, 2025

About this deal

AI

The property asset involved in the transaction is a multifamily complex located at 3550 South Kendall Street in Denver, CO. This asset includes a total of 230 units, which were sold for a transaction price of $40,000,000, equating to approximately $173,913 per unit.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $40,000,000
  • Units: 230
  • Price Per Unit: $173,913
  • Buyer: Trinity Property Consultants
  • Seller: Advenir Azora
  • Market: Denver, CO

The key individuals and companies involved in this transaction include Trinity Property Consultants as the buyer and Advenir Azora as the seller. This deal reflects the acquisition of the ReNew Pinehurst apartment complex, which consists of 230 residential units.

Players

Trinity Property Consultants
Trinity Property ConsultantsBuyer

Denver MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $173.9K per unit across 230 units on a published $40M (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.40%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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