Updated Dec 4, 2024
Randolph Taylor Brokers $2.8M Sale Of Multifamily Property In Aurora
1015 North Farnsworth Avenue
$2,800,000
$118/SF
Building Size
23,652 SF
Asset Type
MultiFamily
Closing
May 24, 2024
About this deal
AI
The $2.8 million sale of a 23,652-square-foot multifamily property located at 1015 North Farnsworth Avenue in Aurora has been finalized. This property, covering 1.72 acres, was sold for $118 per square foot.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,800,000
- Address: 1015 North Farnsworth Avenue
- Market: Aurora
- SF: 23,652
- PPSF: $118
- Broker: Randolph Taylor - EXP Realty
Randolph Taylor from EXP Realty played a pivotal role in brokering this deal, bringing together the buyer and seller to secure the transaction of the multifamily property.
Players
Aurora MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93