Updated Dec 21, 2023
Pensam Acquires Multifamily Property In Aurora With Michael Stein
2288 Oakmeadow Lane, Aurora, Illinois 60502, United States
Units
336
Asset Type
MultiFamily
Closing
Feb 16, 2022
About this deal
AI
The multifamily property located at 2288 Oakmeadow Dr in Aurora has been sold in a recent transaction. The property spans across 22.7 acres and consists of 336 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: N/A
- Address: 2288 Oakmeadow Dr
- Market: Aurora
- Number of Units: 336
- Acres: 22.7
In this transaction, the buyer of the property was Pensam, represented by Michael Stein.
Traded’s record for 2288 Oakmeadow Lane, Aurora, Illinois 60502, United States in Aurora, Illinois covers a multifamily sale from 2022. Reported inventory is 336 units across 336 units. This page is the Aurora, Illinois file for the 2288 Oakmeadow Lane, Aurora, Illinois 60502, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Aurora sit in the Market section below. Filter that Aurora multifamily set by closing date to see what else sold near 2288 Oakmeadow Lane, Aurora, Illinois 60502, United States around 2022. Cite this Pensam Acquires Multifamily Property In Aurora With Michael Stein sale when underwriting similar multifamily product around Aurora, Illinois.
Players
Aurora MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93