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Dexter Rutecki Properties Acquires 3.5 Acre Single Family Property In Aspen, CO For $55M

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SOLD
$55,000,000

Colorado

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Single Family Residence
Sold 12/29/2022
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Property Image
SOLD

Dexter Rutecki Properties Acquires 3.5 Acre Single Family Property In Aspen, CO For $55M

132 Placer Lane, Aspen, Colorado 81611, United States

See Similar Deals
Single Family Residence
Sold 12/29/2022
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Summary

COLORADO
Asset Type:Single Family Residence
Transaction Type:Sale

The single-family property located at 132 & 150 Placer Lane in Aspen, CO has been sold for a price of $55,000,000. Spanning across 3.5 acres, this property attracted the attention of Dexter Rutecki Properties, who acted as the buyer, and Patrick Dovigi, who acted as the seller.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $55,000,000
  • Address: 132 & 150 Placer Lane, Aspen, CO
  • Market: Aspen, CO
  • Acres: 3.5
  • Buyer: Dexter Rutecki Properties
  • Seller: Patrick Dovigi

In this successful real estate deal, Dexter Rutecki Properties was represented by their broker, while Patrick Dovigi represented himself. Both parties came to an agreement on the sale of this single-family property.

Players

BUYER

8 deals$290.5M volume
SELLER

Details

SOLD
IMAGE: Patrick Dovigi DATE: 12/29/2022 ADDRESS: 132 & 150 Placer Lane MARKET: Aspen, CO ASSET TYPE: Single Family ~ ACRES: 3.5 BUYER: Dexter Rutecki Properties SELLER: Patrick Dovigi SALE PRICE: $55,000,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$2,933,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$195,403.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$260,728.06
Annual Debt Service$3,128,736.72