Bear Peak Capital Acquires Condo Complex In Naperville For $21.7M
510 East Bailey Road, Naperville, Illinois 60565, United States
$21,700,000
Units
152
Asset Type
—
Closing
Jul 26, 2022
About this deal
AI
A total of 152 condos located at 510-528 E. Bailey Rd., 1654-1674 Ishnala Dr., and 509-531 Kiowa Cir in Naperville have been sold for a staggering price of $21,700,000. The buyer of this property asset is Bear Peak Capital. The transaction was facilitated by the brokers Matt Petersen and Sean Connelly from 33 Realty. The units had an average price per unit (PPU) of $142,763.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $21,700,000
- Market: Naperville
- Address: 510-528 E. Bailey Rd., 1654-1674 Ishnala Dr., and 509-531 Kiowa Cir
- Buyer: Bear Peak Capital
- Brokers: Matt Petersen & Sean Connelly - 33 Realty
- Units: 152
- Price per Unit (PPU): $142,763
This transaction marks a significant deal in the real estate market of Naperville. The involvement of Bear Peak Capital as the buyer and the expertise of brokers Matt Petersen and Sean Connelly from 33 Realty highlights the importance of this deal in the local real estate industry.
On the Map
$21,700,000
View full map
Players
Naperville CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Visit Matt Petersen to view all their deals.
Browse Illinois sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.73%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93