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1395 Skyridge Dr, Crystal L...

Updated Oct 29, 2024

Chern Skyridge LLC Acquires Property At 1395 Skyridge Dr Crystal Lake With Rep Justin Puppi
SOLD

Chern Skyridge LLC Acquires Property At 1395 Skyridge Dr Crystal Lake With Rep Justin Puppi

1395 Skyridge Dr, Crystal Lake, IL, 60...

Building Size

—

Asset Type

—

Closing

Nov 19, 2023

About this deal

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.

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Players

Daniel Cohen

Broker

$394.6M

vol

8 deals

Broker
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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

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