Updated Dec 4, 2024
Daniel And Sabrina Glover Of Platinum Partners Realtors Sell Multifamily Property In Westmont For $1.625M
33 West Naperville Road
$1,625,000
$159/SF
Building Size
10,170 SF
Asset Type
MultiFamily
Closing
Aug 9, 2024
About this deal
AI
A multifamily property located at 33 West Naperville Road in Westmont encompasses a total area of 10,170 square feet, situated on a 0.53-acre lot. The sale price was recorded at $1,625,000, translating to approximately $160 per square foot within the market.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,625,000
- Address: 33 West Naperville Road
- Market: Westmont
- Square Footage: 10,170
- Price Per Square Foot: $160
- Buyer's Representative: Anthony Munoz - Listing Leaders Northwest
- Seller's Representatives: Daniel Glover & Sabrina Glover - Platinum Partners Realtors
Anthony Munoz represented the buyer during the transaction, while the sellers, Daniel and Sabrina Glover, were represented by their agency, Platinum Partners Realtors. This collaborative effort facilitated the sale of the property in the Westmont area.
Players
Westmont 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
9.76%
Cash-on-Cash
-2.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93