Summit HC Real Estate LLC Purchases Retail Building From Elianna LLC In Aurora For $1.2M
390 South Dayton Street
$1,200,000
$533/SF
Building Size
2,250 SF
Asset Type
Retail
Closing
Apr 9, 2025
About this deal
AI
A retail building located at 390 South Dayton Street in Aurora, CO, was sold for $1,200,000. The property has a total area of 2,250 square feet, translating to a price per square foot of $533.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,200,000
- Sale Date: 04/09/2025
- Buyer: Summit HC Real Estate LLC
- Seller: Elianna LLC
- Buyer's Representative: Manijeh Saeidi - Brokers Guild Real Estate
- Seller's Representative: John V. Propp - John Propp Commercial Group
The transaction involved key players in the real estate sector, with Summit HC Real Estate LLC acquiring the property from Elianna LLC. Manijeh Saeidi represented the buyer while John V. Propp acted on behalf of the seller, facilitating the sale of this retail asset.
On the Map
$1,200,000
$533/SF
Retail
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Players
Denver Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93