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
About this deal
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
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