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Shannon Collins Of Green Street Realty Facilitates $1.92M Sale Of Champaign Multifamily
SOLD
$1,920,000
Illinois
See Similar DealsMultiFamily
Sold 04/30/2024
SOLD
Shannon Collins Of Green Street Realty Facilitates $1.92M Sale Of Champaign Multifamily
508 East Stoughton Street
See Similar DealsMultiFamily
Sold 04/30/2024
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
The sale of a multifamily property at 508 Stoughton Street in Champaign was facilitated by Green Street Realty broker Shannon Collins. The transaction was completed for $1,920,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,920,000
- Address: 508 Stoughton Street
- Market: Champaign
- Broker: Shannon Collins - Green Street Realty
Shannon Collins of Green Street Realty played a key role as the broker in the sale of the multifamily property, showcasing her expertise in the Champaign real estate market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$102,400.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,821.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,101.78
Annual Debt Service$109,221.35
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