Fort Collins Property Sold For $3.3M With Buyer's Rep Undisclosed And Seller's Reps Kevin Calame And Matt Lewallen
3555 Stanford Rd, Fort Collins, CO, 80...
$3,300,000
$170/SF
Building Size
19,323 SF
Asset Type
Office
Closing
Nov 20, 2023
About this deal
AI
An office building located at 3555 Stanford Road in Fort Collins has been sold for $3.3 million. The property encompasses 19,323 square feet and includes 13 office suites, trading at a price of $171 per square foot in the Fort Collins market.
Summary of transaction details:
- Property Type: Office Building
- Transaction Amount: $3,300,000.00
- Address: 3555 Stanford Rd, Fort Collins, CO
- Market: Fort Collins
- Square Footage: 19,323
- Seller's Representatives: Kevin Calame - NorthPeak Commercial Advisors, Matt Lewallen - NorthPeak Commercial Advisors
- Buyer: Undisclosed
Kevin Calame and Matt Lewallen from NorthPeak Commercial Advisors represented the undisclosed seller in this transaction. The identity of the buyer remains unreleased.
On the Map
$3,300,000
$170/SF
Office
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Players
Fort Collins Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93