Fulton Grace Realty Acquires Multifamily Property In Chicago For $1.6M
3415 North Bosworth Avenue
$1,645,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 21, 2023
AI
The multifamily property located at 3415 North Bosworth Avenue in Chicago was recently sold for $1,645,000. The transaction involved Alejandro Bravo of Fulton Grace Realty acting as the buyer's representative, and Jason Rowland & Joso Goreta of Compass representing the seller.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,645,000
- Address: 3415 North Bosworth Avenue, Chicago
- Market: Chicago
- Buyer's Representative: Alejandro Bravo - Fulton Grace Realty
- Seller's Representatives: Jason Rowland & Joso Goreta - Compass
The sale of this multifamily property showcases the involvement of key individuals and companies in the transaction. Alejandro Bravo, representing Fulton Grace Realty, assisted the buyer throughout the process. On the other side, Jason Rowland and Joso Goreta, both from Compass, represented the seller. The successful completion of this transaction demonstrates the expertise and professionalism of all parties involved.
Players
Chicago 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
9.64%
Cash-on-Cash
-2.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93