Katherine Karvelas Acquires 19.92-Acre Land In Naperville For $3M As Buyer's Rep
23w731 Hobson Road
$3,000,000
Building Size
—
Asset Type
Land
Closing
Mar 20, 2024
About this deal
AI
23w731 Hobson Road in Naperville is a 19.92-acre land parcel that recently changed ownership for $3 million. Katherine Karvelas from @properties Christie's International Real Estate represented the buyer, while Moshe Weinberger from Strauss Realty Ltd represented the seller in this transaction.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $3,000,000
- Address: 23w731 Hobson Road
- Market: Naperville
- Buyer's Rep: Katherine Karvelas - @properties Christie's International Real Estate
- Seller's Rep: Moshe Weinberger - Strauss Realty Ltd
- Acres: 19.92
The deal's key individuals in the transaction were Katherine Karvelas, who represented the buyer, and Moshe Weinberger, who acted as the seller's representative in the sale of this 19.92-acre land parcel in Naperville.
On the Map
$3,000,000
Land
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93