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955 E Higgins Rd, Elk Grove...

Greenfield Partners Acquires Property From Tim Busse Represented By John Hamilton And Jack Brennan In Elk Grove Village
SOLDLand

Greenfield Partners Acquires Property From Tim Busse Represented By John Hamilton And Jack Brennan In Elk Grove Village

955 E Higgins Rd, Elk Grove Village, I...

Building Size

Asset Type

Land

Closing

Nov 20, 2023

AI

The property involved in the transaction is located at 955 E Higgins Rd, Elk Grove Village, Illinois. The reported square footage is 0, indicating that specific spatial details may not apply to this transaction. The market for this property is Elk Grove Village.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: Not specified
  • Address: 955 E Higgins Rd, Elk Grove Village, IL
  • Market: Elk Grove Village
  • Seller: Tim Busse
  • Buyer: Greenfield Partners
  • Seller's Representative: John Hamilton - CBRE
  • Broker: Jack Brennan - NAI Hiffman

The key individuals involved in the deal include Tim Busse as the seller and Greenfield Partners as the buyer. The transactions were facilitated by John Hamilton representing the seller through CBRE, while Jack Brennan acted as the broker from NAI Hiffman.

Players

Jack Brennan

NAI Global

Broker

$24.8M

vol

5 deals

Broker
GP
Greenfield PartnersBuyer

Elk Grove Village 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93