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5 Templeton Drive

Bryan Bomba Represents Buyer And Chris Pequet Represents Seller For $1.67M Land Sale
SOLDLand

Bryan Bomba Represents Buyer And Chris Pequet Represents Seller For $1.67M Land Sale

5 Templeton Drive

$1,675,000

Building Size

Asset Type

Land

Closing

Feb 21, 2024

AI

A vacant land parcel located at 5 Templeton Drive in Oak Brook has been sold for $1,675,000. The transaction was facilitated by Bryan Bomba from @properties Christie's International Real Estate, who represented the buyer, and Chris Pequet from Jameson Sotheby's International Realty, who represented the seller.

Summary of transaction details:

The transaction involved the sale of a vacant land parcel in Oak Brook, with Bryan Bomba and Chris Pequet playing pivotal roles as the buyer's representative and seller's representative, respectively.

Players

Chris Pequet

Sotheby's International Realty

Broker

$9.1M

vol

7 deals

Broker

Oak Brook Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.47%

Cash-on-Cash

-2.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93