Updated Nov 4, 2023
Gart Family Sells Denver Single Family Mansion For Record-breaking $6.8M
300 South York Street Denver, Colorado 80209, USA
$6,800,000
Building Size
—
Asset Type
Single Family
Closing
Jul 31, 2023
About this deal
AI
The mansion located at 300 S. York St in Denver, CO has been sold for a record-breaking price of $6.8 million. Owned by the Gart family, renowned for their sports retail empire, this single-family home has captured attention with its impressive sale price.
Summary of Transaction Details
- Property Type: Single Family
- Transaction Amount: $6,800,000
- Address: 300 S. York St, Denver, CO
- Market: Denver, CO
- Seller: Sally Gart
- Brokers: John Jaster & Vivian Murciano - Slifer Smith & Frampton Real Estate
The sale of this property marks a significant achievement, not only for the Gart family but also for the local real estate market. The involvement of John Jaster and Vivian Murciano from Slifer Smith & Frampton Real Estate showcases their expertise in handling high-value transactions. The sale of this mansion demonstrates the continued demand for luxury properties in Denver, CO.
Players
Mechanicsburg Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93