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503 Dorchester Court

Emilia Wadych Acquires 24-Unit Multifamily In Roselle For $4.01M
SOLDMultiFamily

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

Anthony Munoz

AJ Commercial Group

Broker

$8.6M

vol

3 deals

Broker

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