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2516 Waterbury Drive, Woodr...

Waterbury Property LLC Acquires Multifamily Property In Woodridge, IL For $660,000
SOLDMultiFamily

Waterbury Property LLC Acquires Multifamily Property In Woodridge, IL For $660,000

2516 Waterbury Drive, Woodridge, IL 60517

$660,000

$126/SF

Building Size

5,200 SF

Asset Type

MultiFamily

Closing

Dec 10, 2021

AI

2516 Waterbury Dr in Woodridge, IL is a multifamily property that was recently sold on 12/10/2021. The property, consisting of 6 units and spanning 5,200 square feet, was acquired by Waterbury Property LLC for a sale price of $660,000. This translates to a price-per-unit of $110,000 and a price-per-square-foot of $127.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $660,000
  • Units: 6
  • Price Per Unit: $110,000
  • Square Footage: 5,200
  • Price Per Square Foot: $127
  • Address: 2516 Waterbury Dr, Woodridge, IL
  • Market: Woodridge, IL

Ryan Link, Anthony Spangler, and Andrew O'Connell from Horvath & Tremblay represented the buyer and seller in this transaction.

Players

Anthony Spangler

Horvath & Tremblay

Broker

$38.7M

vol

13 deals

Broker

Woodridge 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

24.03%

Cash-on-Cash

-6.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93