Updated Dec 4, 2024
Multifamily Property At 1663 County Highway 42 Sold For $1.1M In Shelbyville
1663 County Hwy 42
$1,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 15, 2024
About this deal
AI
A multifamily property located at 1663 County Highway 42 in Shelbyville has been sold, encompassing an area of 17.68 acres. The transaction was completed for a price of $1,100,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 1663 County Highway 42
- Market: Shelbyville
- Acres: 17.68
The deal was facilitated by Jon Fisher, who acted as the broker for the transaction representing Mr. Landman.
The multifamily sale at 1663 County Hwy 42 in Shelbyville, Illinois sold for $1.1M in 2024. 1663 County Hwy 42 is classified as Multifamily on Traded. Jon Fisher, Mr. Landman appear on the sale alongside Mr. Landman. This page is the Shelbyville, Illinois file for the 1663 County Hwy 42 multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Shelbyville sit in the Market section below. Filter that Shelbyville multifamily set by closing date to see what else sold near 1663 County Hwy 42 around 2024. Published consideration for 1663 County Hwy 42 is $1.1M, dated 2024. Cite this Multifamily Property At 1663 County Highway 42 Sold For $1.1M In Shelbyville sale when underwriting similar multifamily product around Shelbyville, Illinois.
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Shelbyville 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93