Flywheel Acquisitions Acquires Office Property On E Arkansas Ave In Denver For $14.7M
4100 East Arkansas Avenue, Denver, Colorado 80222, United States
$14,700,000
$232/SF
Building Size
63,335 SF
Asset Type
Office
Closing
Sep 7, 2022
AI
The office property located at 4100 E Arkansas Ave in Denver, CO has been sold. The property spans across 2.3 acres and covers a total area of 63,335 square feet. The transaction took place on September 8, 2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $14,700,000
- Price per Square Foot: $232
- Address: 4100 E Arkansas Ave, Denver, CO
The buyer of the property is Flywheel Acquisitions, while the seller is 4100 Investors LLC. The deal was facilitated by the brokers Aaron Johnson, Jon Hendrickson, and Mitch Veremeychik from Cushman & Wakefield.
Players
Denver 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
1.08%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93