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Katherine Karvelas Acquires 19.92-Acre Land In Naperville For $3M As Buyer's Rep
SOLD
$3,000,000
Illinois
See Similar DealsLand
Sold 03/20/2024
SOLD
Katherine Karvelas Acquires 19.92-Acre Land In Naperville For $3M As Buyer's Rep
23w731 Hobson Road
See Similar DealsLand
Sold 03/20/2024
Summary
ILLINOIS
Asset Type:Land
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$160,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37
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