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Infiniti Properties & Inc. Sells Burbank Multifamily Property For $1.34M
SOLD
$1,340,000
Illinois
See Similar DealsMultiFamily
Sold 12/27/2023
SOLD
Infiniti Properties & Inc. Sells Burbank Multifamily Property For $1.34M
5810 West 87th Street
See Similar DealsMultiFamily
Sold 12/27/2023
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
In Burbank, a multifamily property located at 5810 West 87th Street has been sold for $1,340,000. The property, listed under Marek Wyszomirski of Infiniti Properties & Inc., features a desirable location in the Burbank market.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,340,000
- Address: 5810 West 87th Street
- Market: Burbank
Marek Wyszomirski from Infiniti Properties & Inc. facilitated the sale of this multifamily property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$71,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,760.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,352.28
Annual Debt Service$76,227.40
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