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7253 Spring Creek Circle, L...

Charlie Mitelhaus Of West Peak Properties Executes Off-Market SFR Deal In Longmont, CO For $1.36M
SOLDSingle Family Residence

Charlie Mitelhaus Of West Peak Properties Executes Off-Market SFR Deal In Longmont, CO For $1.36M

7253 Spring Creek Circle, Longmont, CO 80503

$1,360,000

$271/SF

Building Size

5,013 SF

Asset Type

Single Family Residence

Closing

Aug 25, 2021

AI

A single-family residential property located at 7253 Spring Creek Circle in Longmont, CO, has been sold for $1,360,000. The property spans 5,013 square feet, resulting in a price per square foot of $271.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $1,360,000
  • Square Footage: 5,013
  • Price Per Square Foot: $271
  • Market: Longmont, CO

The sale was facilitated by Charlie Mitelhaus of West Peak Properties. He successfully executed an off-market deal in one of the hottest and most competitive real estate markets in the country. Congratulations to the deserving couple who embarked on a new chapter in their lives through this transaction. For any assistance with single-family or multifamily properties in Colorado, you can reach out to Charlie Mitelhaus at [email protected] or 303-881-4291.

Players

Charlie Mitelhaus

Broker

$5M

vol

2 deals

Broker

Longmont Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.66%

Cash-on-Cash

-3.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93