SS Properties Acquires Mixed-Use Property In Berwyn For $2M
3120 Oak Park Avenue
$2,000,000
$129/SF
Building Size
15,400 SF
Asset Type
Mixed-use
Closing
Dec 21, 2023
About this deal
AI
The mixed-use property located at 3120 Oak Park Avenue in Berwyn has been sold in a recent transaction. The property spans across 15,400 square feet and was sold for a total price of $2,000,000, resulting in a price per square foot of $130.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $2,000,000
- Address: 3120 Oak Park Avenue, Berwyn
- Market: Berwyn
- Buyer: SS Properties - Ben Mehmeti
- Seller: Dorthy Calek
- Brokers: Christopher Malay, Eric Bell & Jordan Callaway - Marcus & Millichap
The transaction involved the buyer, SS Properties, represented by Ben Mehmeti, and the seller, Dorthy Calek. The deal was facilitated by the brokers Christopher Malay, Eric Bell, and Jordan Callaway from Marcus & Millichap.
On the Map
$2,000,000
$129/SF
Mixed-use
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Players
Berwyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93