Calumet City Multifamily Property Sells For $1.85M With Broker Anthony Spangler Of Horvath & Tremblay
559 Wentworth Avenue
$1,850,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 19, 2023
AI
A multifamily property located at 559 Wentworth Avenue in Calumet City has recently been sold for $1,850,000. The transaction was brokered by Anthony Spangler of Horvath & Tremblay.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,850,000
- Market: Calumet City
- Broker: Anthony Spangler - Horvath & Tremblay
This sale represents a successful transaction involving a multifamily property in Calumet City. The property, located at 559 Wentworth Avenue, was sold for a total of $1,850,000. Anthony Spangler of Horvath & Tremblay played a key role in brokering the deal.
Calumet City 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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93