Emilia Wadych Acquires 24-Unit Multifamily In Roselle For $4.01M
503 Dorchester Court
$4,010,000
$127/SF
Building Size
31,500 SF
Asset Type
MultiFamily
Closing
May 1, 2024
AI
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.
Players
Roselle 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
3.96%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93