Interra Realty Secures $4.55M Multifamily Sale In Westmont, IL
312-316 North Warwick Avenue, Westmont, IL, USA
$4,550,000
$142/SF
Building Size
31,936 SF
Asset Type
MultiFamily
Closing
Mar 2, 2021
AI
The multifamily property located at 312-316 N. Warwick Ave in Westmont, IL has been sold for a price of $4,550,000. The transaction took place on 03/03/2021. The property consists of 32 units, with each unit having a price per unit (PPU) of $142,188.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,550,000
- Address: 312-316 N. Warwick Ave
- Market: Westmont, IL
- Units: 32
- Price per Unit (PPU): $142,188
The sale was facilitated by Brian DiBasilio and Craig Martin of Interra Realty. They represented the parties involved in the transaction.
Players
Westmont 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
3.49%
Cash-on-Cash
-1.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93