Anthony Citriglia Of Essex Realty Group Represents Buyer In $1.55M Frankfort Multifamily Sale
19653 South Edinburgh Lane
$1,550,000
$198/SF
Building Size
7,800 SF
Asset Type
MultiFamily
Closing
Jun 3, 2025
AI
The property asset involved in this transaction is a multifamily building located at 19653 South Edinburgh Lane in the Frankfort market. The sale price of the property was $1,550,000, featuring a total of 6 units. The square footage of the building is 7,800, with a price per unit (PPU) of $258,333 and a price per square foot (PPSF) of $198.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,550,000
- Units: 6
- Square Footage: 7,800
- Price Per Unit (PPU): $258,333
- Price Per Square Foot (PPSF): $198
- Buyer's Representative: Anthony Citriglia - Essex Realty Group
- Seller's Representative: Jimmy Donahue - Essex Realty Group
The key individuals involved in this deal include Anthony Citriglia and Jimmy Donahue, both representing Essex Realty Group. Citriglia acted as the buyer's representative, while Donahue served as the seller's representative in this transaction.
Players
Frankfort 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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93