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Pinnacle Real Estate Advisors Sells Self Storage Facility In Aurora, CO For $2M
SOLD
$2,000,000
Colorado
See Similar DealsSelf Storage
Sold 05/08/2023
SOLD
Pinnacle Real Estate Advisors Sells Self Storage Facility In Aurora, CO For $2M
1521 Oswego Street Aurora, Colorado 80010, USA
See Similar DealsSelf Storage
Sold 05/08/2023
Summary
COLORADO
Asset Type:Self Storage
Transaction Type:Sale
The self storage property located at 1521 Oswego St in Aurora, CO has been sold for a total price of $2,000,000. The transaction took place on 05/08/2023. The property is situated in the Aurora market and offers ample space for storage.
Summary of transation details
- Property Type: Self Storage
- Transaction Amount: $2,000,000
- Address: 1521 Oswego St
- Market: Aurora, CO
The sale of this self storage property was facilitated by Pinnacle Real Estate Advisors. Quentin Shore, Chris Knowlton, and Jim Knowlton, representing Pinnacle Real Estate Advisors, acted as the brokers in this transaction. Their expertise and experience in the market played a crucial role in successfully closing the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
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