Sam Trachtman's STAK Holdings LLC Acquires Multifamily Property For $2.8M In Chicago
SOLD
$2,800,000
Illinois
See Similar DealsMultiFamily15,900 SF
SOLD
Sam Trachtman's STAK Holdings LLC Acquires Multifamily Property For $2.8M In Chicago
2601 West Jarlath Street
See Similar DealsMultiFamily15,900 SF
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$176
Total Square Footage:15,900 SF
Transaction Type:Sale
The multifamily property located at 2601 W Jarlath St in Chicago was recently sold for a price of $2,800,000. The property consists of 18 units, with an average price per unit of $155,556. The total square footage of the property is 15,900, resulting in a price per square foot of $176.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,800,000
- Units: 18
- Price per Unit: $155,556
- Square Footage: 15,900
- Price per Square Foot: $176
- Address: 2601 W Jarlath St, Chicago
The buyer of the property is Sam Trachtman, representing STAK Holdings LLC. The broker involved in the transaction is Danny Logarakis from Kiser Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$149,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,947.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,273.43
Annual Debt Service$159,281.14
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