Guy Bonneville Acquires Property From Grace Capital In Westmont For $10 Million
SOLD
$10,000,000
Illinois
See Similar Deals100,000 SF
SOLD
Guy Bonneville Acquires Property From Grace Capital In Westmont For $10 Million
600 Oakmont Ln, Westmont, IL, 60559
See Similar Deals100,000 SF
Summary
ILLINOIS
Price Per Square Foot:$100
Total Square Footage:100,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$533,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$35,527.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$47,405.10
Annual Debt Service$568,861.22
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