Updated Dec 4, 2024
Dream Town Real Estate Facilitates $1.96M Sale Of 12-Unit Multifamily Property In Harwood Heights
7005 West Gunnison Street
$1,965,000
Units
12
Asset Type
MultiFamily
Closing
Oct 31, 2023
About this deal
AI
In Harwood Heights, a multifamily property located at 7005 West Gunnison Street was sold for $1,965,000. The transaction involved 12 units and was facilitated by brokers John Fleming and Curtis Castronova of Dream Town Realty. The per-unit price for this sale was $163,750.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,965,000
- Address: 7005 West Gunnison Street
- Market: Harwood Heights
- Brokers: John Fleming & Curtis Castronova - Dream Town Real Estate
- Units: 12
- Price Per Unit: $163,750
The sale of the multifamily property at 7005 West Gunnison Street in Harwood Heights was a successful transaction, thanks to the efforts of brokers John Fleming and Curtis Castronova. The property attracted buyers and was sold for a total price of $1,965,000.
Players
Harwood Heights 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
8.07%
Cash-on-Cash
-2.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93