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9444 East 108th Avenue

Updated Oct 29, 2024

Granite Capital Group Sells Henderson Multifamily For $46M With Broker Reps John Blackshire & Tom Wanberg
SOLDMultiFamily

Granite Capital Group Sells Henderson Multifamily For $46M With Broker Reps John Blackshire & Tom Wanberg

9444 East 108th Avenue

$46,000,000

Units

167

Asset Type

MultiFamily

Closing

May 25, 2023

About this deal

AI

The multifamily property located at 9444 E 108th Avenue in Henderson, CO was recently sold in a transaction facilitated by John Blackshire and Tom Wanberg of Transwestern Real Estate Services. The property, owned by Granite Capital Group, was sold for a total of $46,000,000. It consists of 167 units, resulting in a per unit price of $275,449.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $46,000,000
  • Units: 167
  • Price per Unit: $275,449
  • Seller: Granite Capital Group
  • Brokers: John Blackshire & Tom Wanberg - Transwestern Real Estate Services

The involvement of John Blackshire and Tom Wanberg from Transwestern Real Estate Services played a crucial role in the successful completion of this multifamily property sale in Henderson, CO. Their expertise and negotiation skills ensured a smooth transaction for all parties involved.

Players

John Blackshire

Transwestern

Broker

$46M

vol

1 deal

Broker
GG
Granite Capital GroupSeller

Henderson MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $275.4K per unit across 167 units on a published $46M (2023).

Visit Transwestern to view all their deals.

Browse Henderson multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.34%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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