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600 Oakmont Ln, Westmont, I...

Guy Bonneville Acquires Property From Grace Capital In Westmont For $10 Million
SOLD

Guy Bonneville Acquires Property From Grace Capital In Westmont For $10 Million

600 Oakmont Ln, Westmont, IL, 60559

$10,000,000

$100/SF

Building Size

100,000 SF

Asset Type

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 600 Oakmont Ln, Westmont, IL, 60559. It was sold for a total price of $10,000,000. The asset encompasses a total area of 100,000 square feet and is situated in the Westmont market.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $10,000,000
  • Address: 600 Oakmont Ln, Westmont, IL, 60559
  • Square Footage: 100,000
  • Seller: Grace Capital
  • Buyer: Guy Bonneville
  • Seller's Representative: Derek Fohl (CBRE)

The transaction was conducted with notable individuals, including the buyer Guy Bonneville and the seller represented by Derek Fohl from CBRE, who facilitated the sale on behalf of Grace Capital, ensuring all procedural aspects were addressed during the transaction.

Players

Derek Fohl

Newmark

Broker

$190.1M

vol

5 deals

Broker

Westmont 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

1.59%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93