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.
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