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430 Pleasant Run Drive

Triad Real Estate Partners Facilitates $1.31M Sale Of Multifamily Property In Wheeling, IL
SOLDMultiFamily

Triad Real Estate Partners Facilitates $1.31M Sale Of Multifamily Property In Wheeling, IL

430 Pleasant Run Drive & 432 Pleasant Run Drive

$1,310,000

$58/SF

Building Size

22,400 SF

Asset Type

MultiFamily

Closing

Feb 9, 2024

AI

The multifamily property located at 430 Pleasant Run Drive & 432 Pleasant Run Drive in Wheeling, IL has been sold. The sale took place on 02/09/2024 and was facilitated by George Javaras from Triad Real Estate Partners. The property consists of 12 units with a sale price of $1,310,000, resulting in a per unit price of $109,167. The total square footage of the property is 11,200, with a price per square foot of $117.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,310,000
  • Units: 12
  • Price Per Unit: $109,167
  • Square Footage: 11,200
  • Price Per Square Foot: $117

George Javaras from Triad Real Estate Partners played a key role as the broker in this transaction, representing the buyer or seller. Their expertise and negotiation skills contributed to the successful completion of the deal.

Players

George Javaras

Triad Real Estate Partners

Broker

$7.6M

vol

4 deals

Broker

Wheeling MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.11%

Cash-on-Cash

-3.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93