Updated Apr 1, 2025
Michael Anguiano Of Essex Realty Group Represents Sale Of Multifamily In Sauk Village For $9M
2610 Marigold Drive
$9,000,000
$59/SF
Building Size
150,540 SF
Asset Type
MultiFamily
Closing
Feb 28, 2025
About this deal
AI
The property asset involved in the transaction is a multifamily asset located at 2610 Marigold Drive in Sauk Village. The sale price for the property was $9,000,000, comprising 180 units. The total square footage of the property is 150,540, which results in a price per unit of $50,000 and a price per square foot of $59.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,000,000
- Units: 180
- Square Footage: 150,540
- Price Per Unit: $50,000
- Price Per Square Foot: $59
- Market: Sauk Village
- Broker: Michael Anguiano - Essex Realty Group
Michael Anguiano represented the brokerage firm Essex Realty Group in this transaction, facilitating the sale of the multifamily asset in the Sauk Village market.
On the Map
$9,000,000
$59/SF
MultiFamily
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Sauk Village 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
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93