Updated Sep 9, 2024
Paul Waterloo & Patrick Kennelly Of Interra Realty Acquire Melrose Park Multifamily For $2M
1123 North 33rd Avenue
$2,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 18, 2022
About this deal
AI
A multifamily property located at 1123 N 33rd Avenue in Melrose Park has been sold for $2,000,000. The property was transacted on 11/18/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Market: Melrose Park
- Address: 1123 N 33rd Avenue
The sale was facilitated by Paul Waterloo and Patrick Kennelly from Interra Realty.
The multifamily sale at 1123 North 33rd Avenue in Melrose Park, Illinois sold for $2M in 2022. 1123 North 33rd Avenue is classified as Multifamily on Traded. Paul Waterloo, Interra Realty appear on the sale alongside Interra Realty. This page is the Melrose Park, Illinois file for the 1123 North 33rd Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Melrose Park sit in the Market section below. Filter that Melrose Park multifamily set by closing date to see what else sold near 1123 North 33rd Avenue around 2022. Published consideration for 1123 North 33rd Avenue is $2M, dated 2022. Cite this Paul Waterloo & Patrick Kennelly Of Interra Realty Acquire Melrose Park Multifamily For $2M sale when underwriting similar multifamily product around Melrose Park, Illinois.
Players
Melrose Park 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93