SR Jacobson Development Corp Sells Naperville Multifamily For $18.55M With Brokers Justin Ross & David Guenther - CBRE
4209 Pond Willow Road, Naperville, IL, USA
$18,550,000
$13,540/SF
Building Size
1,370 SF
Asset Type
MultiFamily
Closing
Dec 17, 2020
AI
The multifamily property located at 4209 Pond Willow Road in Naperville has been sold for a price of $18,550,000. This transaction took place on December 18, 2020. The property consists of 60 units, resulting in a price per unit of $309,167.
Summary of Transaction Details:
- Property Type: Multifamily
- Transaction Amount: $18,550,000
- Address: 4209 Pond Willow Road, Naperville
- Market: Naperville
- Seller: S.R. Jacobson - S.R. Jacobson Development Corp
- Brokers: Justin Ross & David Guenther - CBRE
S.R. Jacobson Development Corp, represented by S.R. Jacobson, was the seller of the property. The buyer was not mentioned in the available information. The sale was facilitated by brokers Justin Ross and David Guenther from CBRE.
Players
Naperville 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
0.86%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93