Chern Skyridge LLC Acquires Property At 1395 Skyridge Dr Crystal Lake With Rep Justin Puppi
1395 Skyridge Dr, Crystal Lake, IL, 60...
Building Size
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Asset Type
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Closing
Nov 19, 2023
AI
The property at 1395 Skyridge Dr, Crystal Lake, IL, is situated in the Crystal Lake market. This transaction involved a seller represented by Justin Puppi, Daniel "Dan" Cohen, and John Jaeger from CBRE. The buyer of the property is Chern Skyridge LLC.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: Not disclosed
- Address: 1395 Skyridge Dr, Crystal Lake, IL
- Market: Crystal Lake
- Seller's Representatives: Justin Puppi-CBRE, Daniel "Dan" Cohen, John Jaeger-CBRE
- Buyer: Chern Skyridge LLC
- Seller: Not disclosed
- Square Footage: 0
The deal involves key representatives from CBRE facilitating the transaction. This reflects collaboration among professionals in the real estate sector, with the buyer and seller having distinct interests in the deal's outcome.
Players
Crystal Lake CRE Market Snapshot
Boundary boundary · CRE · 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