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NorthPeak Commercial Advisors Brokers $2.4M Sale Of 12-Unit Multifamily At 4630 East Asbury Circle
SOLD
$2,400,000
+ 1
Colorado
See Similar DealsMultiFamily
Sold 10/15/2024
SOLD
NorthPeak Commercial Advisors Brokers $2.4M Sale Of 12-Unit Multifamily At 4630 East Asbury Circle
4630 East Asbury Circle
See Similar DealsMultiFamily
Sold 10/15/2024
+ 1
Summary
COLORADO
Asset Type:MultiFamily
Transaction Type:Sale
A 12-unit multifamily apartment building was sold for $2,400,000 at 4630 East Asbury Circle in the Denver, CO market. The price per unit amounted to $200,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,400,000
- Units: 12
- Price Per Unit: $200,000
- Brokers: Hunter Schaefer, Jack Sherman, Kevin Calame & Matt Lewallen - NorthPeak Commercial Advisors
Jack Sherman and Hunter Schaefer represented the seller in this transaction, while Kevin Calame and Matt Lewallen acted as representatives for the buyer. NorthPeak Commercial Advisors facilitated the entire sale process.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$127,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69
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