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
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