Emilia Wadych Acquires 24-Unit Multifamily In Roselle For $4.01M
SOLD
$4,010,000
Illinois
See Similar DealsMultiFamily31,500 SF
Sold 05/01/2024
SOLD
Emilia Wadych Acquires 24-Unit Multifamily In Roselle For $4.01M
503 Dorchester Court
See Similar DealsMultiFamily31,500 SF
Sold 05/01/2024
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$127
Total Square Footage:31,500 SF
Transaction Type:Sale
The multifamily property located at 503 Dorchester Court in Roselle was successfully sold for $4,010,000. The asset comprises 24 units with a price per unit of $167,083. The total square footage of the property is 31,500, equating to a price per square foot of $127.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,010,000
- Units: 24
- Price Per Unit: $167,083
- Square Footage: 31,500
- Price Per Square Foot: $127
- Address: 503 Dorchester Court
- Market: Roselle
The sale was facilitated by the brokerage team of Anthony Munoz and Joey Batliner from AJ Commercial Group. Noteworthy is that AJ Commercial Group is renowned as a trusted real estate agency specializing in multifamily properties within the Chicago land area.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$213,866.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,246.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,009.45
Annual Debt Service$228,113.35
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