Updated Dec 21, 2023
Deerfield Multifamily Sold For $65M With 248 Units
15 Parkway N, Deerfield, IL 60015, USA
$65,000,000
Units
248
Asset Type
MultiFamily
Closing
May 10, 2023
About this deal
AI
A multi-family property in Deerfield has been sold for a price of $65,000,000. The property consists of 248 units, with a price per unit of $262,096.77. The square footage of the property is not available, resulting in an undefined price per square foot.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $65,000,000
- Units: 248
- Price per Unit: $262,096.77
- Square Footage: Not available
- Price per Square Foot: Not available
- Address: Deerfield
The buyer, seller, buyer's representative, seller's representative, and brokers involved in the deal have not been disclosed.
Players
Chicago 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
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93