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Bryan Bomba Represents Buyer And Chris Pequet Represents Seller For $1.67M Land Sale
SOLD
$1,675,000
Illinois
See Similar DealsLand
Sold 02/21/2024
SOLD
Bryan Bomba Represents Buyer And Chris Pequet Represents Seller For $1.67M Land Sale
5 Templeton Drive
See Similar DealsLand
Sold 02/21/2024
Summary
ILLINOIS
Asset Type:Land
Transaction Type:Sale
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:
- Property Type: Land
- Transaction Amount: $1,675,000
- Address: 5 Templeton Drive
- Market: Oak Brook
- Buyer's Rep: Bryan Bomba - @properties Christie's International Real Estate
- Seller's Rep: Chris Pequet - Jameson Sotheby's International Realty
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$89,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,950.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,940.35
Annual Debt Service$95,284.25
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