Updated Dec 18, 2023
The Real Estate Group, Inc. Acquires Multifamily Property In Athens For $1.75M
211 Lincoln Street, Athens, Illinois 62613, United States
$1,750,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 7, 2022
About this deal
AI
A multifamily property located at 211 Lincoln St in Athens has been sold for $1,750,000. The transaction took place on April 8, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,750,000
The buyer's representative in this deal was The Real Estate Group, Inc., while the seller's representative was Jim Fulgenzi from RE/MAX Professionals.
For more information, please refer to the Instagram post.
The multifamily sale at 211 Lincoln Street, Athens, Illinois 62613, United States in Athens, Illinois sold for $1.8M in 2022. 211 Lincoln Street, Athens, Illinois 62613, United States is classified as Multifamily on Traded. Jim Fulgenzi, Re/Max appear on the sale alongside Re/Max. This page is the Athens, Illinois file for the 211 Lincoln Street, Athens, Illinois 62613, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Athens sit in the Market section below. Filter that Athens multifamily set by closing date to see what else sold near 211 Lincoln Street, Athens, Illinois 62613, United States around 2022. Published consideration for 211 Lincoln Street, Athens, Illinois 62613, United States is $1.8M, dated 2022. Cite this The Real Estate Group, Inc. Acquires Multifamily Property In Athens For $1.75M sale when underwriting similar multifamily product around Athens, Illinois.
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Athens 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
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93