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Summit HC Real Estate LLC Purchases Retail Building From Elianna LLC In Aurora For $1.2M
SOLD
Colorado
See Similar DealsRetail2,250 SF
Sold 04/09/2025
SOLD
Summit HC Real Estate LLC Purchases Retail Building From Elianna LLC In Aurora For $1.2M
390 South Dayton Street
See Similar DealsRetail2,250 SF
Sold 04/09/2025
Summary
COLORADO
Asset Type:Retail
Price Per Square Foot:$533
Total Square Footage:2,250 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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