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39 West Walnut Court, Rosel...

Updated Dec 21, 2023

Roselle Multifamily Sells For $1.04M With Buyer's Rep Robert Frisby & Seller's Rep Mark Jak
SOLDMultiFamily

Roselle Multifamily Sells For $1.04M With Buyer's Rep Robert Frisby & Seller's Rep Mark Jak

39 West Walnut Court, Roselle, IL, USA

$1,040,000

$48/SF

Building Size

21,334 SF

Asset Type

MultiFamily

Closing

Jan 18, 2021

About this deal

AI

A multifamily property located at 39 W. Walnut Court in Roselle has been sold for $1,040,000. The property spans 21,334 square feet, resulting in a price per square foot of $49. The transaction involved the sale of 8 units, with a price per unit of $130,000.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $1,040,000
  • Address: 39 W. Walnut Court, Roselle
  • Market: Roselle
  • Square Footage: 21,334
  • Price per Square Foot: $49
  • Number of Units: 8
  • Price per Unit: $130,000

The buyer was represented by Robert Frisby, while the seller was represented by Mark Jak from @properties.

Players

Mark Jak

At Properties Commercial

Broker

$5.4M

vol

2 deals

Broker

Roselle MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $48 per square foot on a published $1M for 21,334 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.25%

Cash-on-Cash

-4.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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