Horvath & Tremblay Brokers Sell Elmhurst Multifamily For $2.3M
127 Virginia Street
$2,300,000
$142/SF
Building Size
16,150 SF
Asset Type
MultiFamily
Closing
Sep 22, 2022
AI
The multifamily property located at 127 Virginia St in Elmhurst, IL has been sold in a recent transaction. The sale was facilitated by Ryan Link, Andrew O'Connell, and Anthony Spangler from Horvath & Tremblay. The property consists of 17 units with a sale price of $2,300,000. The price per unit is approximately $135,294, and the total square footage of the property is 16,150, resulting in a price per square foot of $142.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Address: 127 Virginia St, Elmhurst, IL
- Market: Elmhurst, IL
- Brokers: Ryan Link, Andrew O'Connell, and Anthony Spangler from Horvath & Tremblay
- Units: 17
- Price per Unit: $135,294
- Square Footage: 16,150
- Price per Square Foot: $142
This successful transaction demonstrates the expertise and professionalism of Ryan Link, Andrew O'Connell, and Anthony Spangler from Horvath & Tremblay. Their negotiation skills played a crucial role in finalizing the sale of the property at 127 Virginia St in Elmhurst, IL. The multifamily property offers a significant investment opportunity in the thriving Elmhurst market.
Players
Elmhurst 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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93