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Sam Trachtman's STAK Holdings Closes $4.75M Glenview Multifamily Deal

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SOLD
$4,750,000

Illinois

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MultiFamily24,000 SF
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Property Image
SOLD

Sam Trachtman's STAK Holdings Closes $4.75M Glenview Multifamily Deal

Michael Todd Terrace

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MultiFamily24,000 SF
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$197
Total Square Footage:24,000 SF
Transaction Type:Sale

A multifamily property located at 10360, 10358, 10388, 10406, 10416, and 10350 Michael Todd Terrace in Glenview has been sold for a price of $4,750,000. The property consists of 36 units with an average price per unit of $131,944. It spans a total area of 24,000 square feet with an average price per square foot of $19.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,750,000
  • Address: 10360, 10358, 10388, 10406, 10416, and 10350 Michael Todd Terrace, Glenview
  • Market: Glenview
  • Buyer: Sam Trachtman - STAK Holdings
  • Seller: Michael Todd Homeowners
  • Units: 36
  • Price per Unit: $131,944
  • Total Square Footage: 24,000
  • Price per Square Foot: $19

The buyer of the property is Sam Trachtman from STAK Holdings, while the seller is Michael Todd Homeowners.

Players

6 deals$56.9M volume
BUYER

Details

SOLD
IMAGE: Sam Trachtman DATE: 12/19/2022 ADDRESS: 10360, 10358, 10388, 10406, 10416, 10350 Michael Todd Terrace MARKET: Glenview ASSET TYPE: Multifamily BUYER: Sam Trachtman (@Sam_Trachtman) - STAK Holdings (@STAKHoldings) SELLER: Michael Todd Homeowners SALE PRICE: $4,750,000 UNITS: 36 ~ PPU: $131,944 SF: 24,000 ~ PPSF: $19

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Debt Service Coverage Ratio (DSCR)

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