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2610 Marigold Drive

Michael Anguiano Of Essex Realty Group Represents Sale Of Multifamily In Sauk Village For $9M
SOLDMultiFamily

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

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.

Players

Michael Anguiano

Nara Realty Advisors

Broker

$64.1M

vol

11 deals

Broker

Sauk Village MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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