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2186 South Holly Street

Updated May 12, 2025

Ascent 2186 Purchases Office Building At 2186 South Holly Street For $1.6M From Hillsdale Holdings
SOLDOffice

Ascent 2186 Purchases Office Building At 2186 South Holly Street For $1.6M From Hillsdale Holdings

2186 South Holly Street

$1,600,000

$99/SF

Building Size

16,050 SF

Asset Type

Office

Closing

May 1, 2025

About this deal

AI

The transaction involves the sale of an office building located at 2186 South Holly Street in Denver, CO. The asset type is identified as an office, with a sale price of $1,600,000. The total square footage of the property is 16,050, resulting in a price per square foot of $100.

Summary of transaction details:

This transaction was facilitated by Chris Wiedenmayer representing the buyer, Ascent 2186, while the seller, Hillsdale Holdings, was represented by Brandon Paxton. The involvement of these representatives highlights the professional guidance provided throughout the purchasing process.

Players

Chris Wiedenmayer

CW Real Estate Partner

Broker

$4.9M

vol

2 deals

Broker

Denver Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $99 per square foot on a published $1.6M for 16,050 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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