FCA Purchases Property In Park Ridge For $4,099,999 With Greg Dietz As Seller's Representative
101 S Washington Ave, Park Ridge, IL...
$4,099,999
Building Size
—
Asset Type
MultiFamily
Closing
Jan 17, 2017
AI
A medical building located at 101 South Washington Ave in Park Ridge, IL has been sold for $4,099,999. The property is fully leased and consists of 14,000 square feet, situated in the Park Ridge market.
Summary of transaction details:
- Property Type: Medical Building
- Transaction Amount: $4,099,999
- Address: 101 S Washington Ave, Park Ridge, IL
- Market: Park Ridge
- Seller's Representative: Greg Dietz
- Buyer: FCA
In this transaction, Greg Dietz and Danny Spitz of Baum Realty represented the seller. The deal highlights the involvement of prominent brokers in facilitating the transaction, ensuring smooth negotiations for both parties.
Players
Park Ridge MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93