facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

North Carolina

/

Multifamily

/

Sale

/

7155 North Raleigh Street

Pinnacle Real Estate Advisors Facilitates $13.5 Million Sale Of Willowbrook Crossing Multifamily Property
SOLDMultiFamily

Pinnacle Real Estate Advisors Facilitates $13.5 Million Sale Of Willowbrook Crossing Multifamily Property

$13,500,000

Building Size

Asset Type

MultiFamily

Closing

Nov 5, 2024

AI

The property involved in the transaction is a multifamily asset located at 7155 North Raleigh St, Westminster, CO. The sale price for this 95-unit apartment property was $13,500,000, which equates to approximately $142,105 per unit.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $13,500,000
  • Address: 7155 North Raleigh St
  • Market: Westminster, CO
  • Units: 95
  • Price per Unit: $142,105

The transaction was facilitated by brokers Jake Waxter and Josh Newell, representing Pinnacle Real Estate Advisors in the sale of Willowbrook Crossing. Their involvement ensured a smooth transaction process for the parties involved.

Players

Josh Newell

Pinnacle Real Estate Advisors

Broker

$21M

vol

3 deals

Broker

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.18%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93