facebook
Traded Co logo
Submit

Cohen Rojas Capital Partners Acquires Multifamily Property In Denver For $21.25M

Property Image
SOLD
$21,250,000

Colorado

See Similar Deals
MultiFamily
Sold 09/19/2022
the dealplayerscompscontact
Property Image
SOLD

Cohen Rojas Capital Partners Acquires Multifamily Property In Denver For $21.25M

757 Grant Street, Denver, Colorado 80203, United States

See Similar Deals
MultiFamily
Sold 09/19/2022
Contact now

Summary

COLORADO
Asset Type:MultiFamily
Transaction Type:Sale

The multifamily property located at 757 Grant St in Denver, CO was recently sold in a closed transaction. The property consists of 68 units and was acquired by Cohen Rojas Capital Partners for a total price of $21,250,000, equating to an average price per unit of $312,500.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $21,250,000
  • Units: 68
  • Price per Unit: $312,500

Cohen Rojas Capital Partners acted as the buyer in the transaction, while LCP Development served as the seller. The sale of this multifamily property represents a significant investment in the Denver market.

Players

CR
2 deals$29.7M volume
BUYER

BUYER

Details

SOLD
IMAGE: 09/19/2022 ADDRESS: 757 Grant St MARKET: Denver, CO ASSET TYPE: Multifamily BUYER: Cohen Rojas Capital Partners SELLER: LCP Development SALE PRICE: $21,250,000 UNITS: 68 ~ PPU: $312,500

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,133,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$75,496.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$100,735.84
Annual Debt Service$1,208,830.09