Michael Duckler Of Interra Realty Sells Homewood Multifamily In $1.375M Deal
SOLD
$1,375,000
Illinois
See Similar DealsMultiFamily
Sold 08/30/2022
SOLD
Michael Duckler Of Interra Realty Sells Homewood Multifamily In $1.375M Deal
18019 Dixie Highway, Homewood, Illinois 60430, United States
See Similar DealsMultiFamily
Sold 08/30/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
An investment property located at 18019 Dixie Hwy in Homewood has been sold for a price of $1,375,000. The property is classified as a multifamily asset. The transaction took place on August 30, 2022. Michael Duckler from Interra Realty served as the broker representing the parties involved in the deal.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,375,000
- Date: August 30, 2022
- Address: 18019 Dixie Hwy, Homewood
- Market: Homewood
Michael Duckler from Interra Realty played a key role as the broker in facilitating the sale of the property. Their expertise and negotiation skills contributed to the successful completion of the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$73,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,885.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,518.20
Annual Debt Service$78,218.42
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