Updated Dec 4, 2024
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
11,200 SF
Asset Type
MultiFamily
Closing
Feb 9, 2024
About this deal
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.
On the Map
$1,310,000
$58/SF
MultiFamily
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Wheeling 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
12.11%
Cash-on-Cash
-3.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93