Jimmy Donahue Of Matthews Real Estate Sells Oak Park Multifamily For $2.11M
SOLD
$2,110,000
Illinois
See Similar DealsMultiFamily
Sold 06/05/2024
SOLD
Jimmy Donahue Of Matthews Real Estate Sells Oak Park Multifamily For $2.11M
432 South Maple Avenue
See Similar DealsMultiFamily
Sold 06/05/2024
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
The 16-unit multifamily property located at 432 South Maple Avenue in Oak Park was sold for $2,110,000 on 06/05/2024, equating to $131,875 per unit.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,110,000
- Units: 16
- Price Per Unit: $131,875
- Address: 432 South Maple Avenue
- Market: Oak Park
Jimmy Donahue from Matthews Real Estate Investment Services served as the broker for the transaction, overseeing the successful sale of the property at 432 S Maple in Oak Park, IL.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$112,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,496.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,002.48
Annual Debt Service$120,029.72
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