Aaron Sklar & Noah Birk Of Kiser Group Facilitate $1.05M Multifamily Sale In Chicago
1312 East 62nd Street
$1,050,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 16, 2024
AI
The multifamily property located at 1312 East 62nd Street in Chicago was recently sold for $1,050,000. The property consists of six units, with a price per unit of $175,000.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $1,050,000
- Address: 1312 East 62nd Street
- Market: Chicago
- Brokers: Aaron Sklar & Noah Birk - Kiser Group
- Units: 6
- Price Per Unit: $175,000
Aaron Sklar and Noah Birk from Kiser Group played pivotal roles in facilitating the transaction of the multifamily property at 1312 East 62nd Street. They worked together to ensure a smooth deal for the six-unit property.
Players
Chicago 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93