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0s080 Winfield Rd, Winfield...

Mango Shadow LLC Acquires Winfield Multifamily For $44.25M
SOLDMultiFamily

Mango Shadow LLC Acquires Winfield Multifamily For $44.25M

0s080 Winfield Rd, Winfield, Illinois 60190, United States

$44,250,000

Building Size

Asset Type

MultiFamily

Closing

Apr 7, 2022

AI

The multifamily property located at 0S080 Winfield Road in Winfield has been sold for a price of $44,250,000. The transaction took place on 04/08/2022 and involved a total of 162 units. The buyer, Mango Shadow LLC, acquired the property from the seller, Synergy Construction Group.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $44,250,000
  • Address: 0S080 Winfield Road
  • Market: Winfield

The deal was facilitated by the brokers Patrick Kennelly, Paul Waterloo, Jon Morgan, David Goss, and Joe Smazal of Interra Realty.

Players

Joe Smazal

Interra Realty

Broker

$596.9M

vol

73 deals

Broker
SG
Synergy Construction GroupSeller

Winfield MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.36%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93