Mark Senak Acquires Glenn Ellyn Hotel For $2.85M In Roosevelt Road Sale
675 Roosevelt Rd, Glen Ellyn, Illinois 60137, United States
$2,850,000
Building Size
—
Asset Type
Hotel
Closing
Jan 18, 2022
About this deal
AI
A hotel located at 675 Roosevelt Rd in Glenn Ellyn has been sold for $2,850,000. The transaction took place on January 18, 2022. The property is situated in the Glenn Ellyn market.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $2,850,000
- Address: 675 Roosevelt Rd
- Market: Glenn Ellyn
Mark Senak, representing the Village of Glenn Ellyn, acted as the buyer in this deal.
The hotel sale at 675 Roosevelt Rd, Glen Ellyn, Illinois 60137, United States in Glen Ellyn, Illinois sold for $2.9M in 2022. 675 Roosevelt Rd, Glen Ellyn, Illinois 60137, United States is classified as Hotel on Traded. This page is the Glen Ellyn, Illinois file for the 675 Roosevelt Rd, Glen Ellyn, Illinois 60137, United States hotel sold: pricing, party profiles, and other closed hotel comps from the same Glen Ellyn sit in the Market section below. Filter that Glen Ellyn hotel set by closing date to see what else sold near 675 Roosevelt Rd, Glen Ellyn, Illinois 60137, United States around 2022. Published consideration for 675 Roosevelt Rd, Glen Ellyn, Illinois 60137, United States is $2.9M, dated 2022. Cite this Mark Senak Acquires Glenn Ellyn Hotel For $2.85M In Roosevelt Road Sale sale when underwriting similar hotel product around Glen Ellyn, Illinois.
Players
Glen Ellyn Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93