SR Jacobson Development Corp Sells Naperville Multifamily For $18.55M With Brokers Justin Ross & David Guenther - CBRE
SOLD
Illinois
See Similar DealsMultiFamily1,370 SF
Sold 12/18/2020
SOLD
SR Jacobson Development Corp Sells Naperville Multifamily For $18.55M With Brokers Justin Ross & David Guenther - CBRE
4209 Pond Willow Road, Naperville, IL, USA
See Similar DealsMultiFamily1,370 SF
Sold 12/18/2020
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$13,540
Total Square Footage:1,370 SF
Transaction Type:Sale
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$989,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$65,904.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$87,936.46
Annual Debt Service$1,055,237.57
Is there something missing? Send suggestions