Interra Realty Facilitates $1.16M Sale Of Multifamily Property In Midlothian
3329 147th Place
$1,160,000
Building Size
—
Asset Type
—
Closing
Aug 25, 2022
About this deal
AI
A multifamily property located at 3329 147th Pl in Midlothian has been sold for a price of $1,160,000. The property is situated in a desirable market and offers potential for investment and growth.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,160,000
The sale was facilitated by Michael Duckler from Interra Realty, who represented the buyer and seller in the transaction. Michael Duckler is an experienced broker known for his expertise in the market.
The commercial sale at 3329 147th Place in Midlothian, Illinois sold for $1.2M in 2022. Michael Duckler, Interra Realty appear on the sale alongside Interra Realty. This page is the Midlothian, Illinois file for the 3329 147th Place commercial sold: pricing, party profiles, and other closed commercial comps from the same Midlothian sit in the Market section below. Filter that Midlothian commercial set by closing date to see what else sold near 3329 147th Place around 2022. Published consideration for 3329 147th Place is $1.2M, dated 2022. Cite this Interra Realty Facilitates $1.16M Sale Of Multifamily Property In Midlothian sale when underwriting similar commercial product around Midlothian, Illinois.
On the Map
$1,160,000
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Midlothian CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.68%
Cash-on-Cash
-3.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93