Multifamily Asset Sold In Aurora By Seller's Reps George Kokkonas And Scott Goldman
1240 Victory Court
Building Size
50,000 SF
Asset Type
MultiFamily
Closing
Jun 30, 2026
AI
The transaction involved a multifamily asset located at 1240 Victory Court in the market of Aurora. This 48-unit property was transacted on June 30, 2026. The property caters to a segment of buyers looking for value-add opportunities, reflecting the current demand in the western suburbs where quality multifamily assets are limited.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 1240 Victory Court
- Market: Aurora
- Seller's Representatives: George Kokkonas & Scott Goldman - 33 Realty
George Kokkonas and Scott Goldman represented the seller in this transaction, which underscores the continuous demand for repositioning opportunities in the multifamily sector. Deals of this nature are becoming increasingly rare, emphasizing the strategic positioning of the asset in the marketplace. The team encourages discussions around multifamily strategies for potential holders.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93