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Two Multifamily Properties In Normal Sold For $1.3M With Buyer's Rep Jenny Scott - Keller Williams Revolution And Seller's Rep Laura Pritts - AXIS 360

Property Image
SOLD
$1,256,250
Laura Pritts
Jenny Scott

Illinois

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MultiFamily40,656 SF
Sold 02/12/2024
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Property Image
SOLD

Two Multifamily Properties In Normal Sold For $1.3M With Buyer's Rep Jenny Scott - Keller Williams Revolution And Seller's Rep Laura Pritts - AXIS 360

712 North Golfcrest Road & 715 North Golfcrest Road

See Similar Deals
MultiFamily40,656 SF
Sold 02/12/2024
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$30
Total Square Footage:40,656 SF
Transaction Type:Sale

Two multifamily properties at 712 & 715 North Golfcrest Road in Normal were sold for $1,256,250, with a total square footage of 20,328 and a price per square foot of $62.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,256,250
  • Address: 712 & 715 North Golfcrest Road, Normal
  • Market: Normal
  • Acres: 1.11

The buyer, represented by Jenny Scott of Keller Williams Revolution, acquired the multifamily properties. The seller, Laura Pritts, was represented by AXIS 360.

Note: The transaction involved the sale of two multifamily properties located at 712 & 715 North Golfcrest Road in Normal. The properties were sold for a total of $1,256,250, with a combined square footage of 20,328. The buyer was represented by Jenny Scott of Keller Williams Revolution, while Laura Pritts of AXIS 360 represented the seller.

Players

Laura Pritts
AXIS 360 Commercial Real Estate Specialists
Laura Pritts
2 deals$2.8M volume(309) 824-0507
BROKER
Jenny Scott
Keller Williams Realty
Jenny Scott
1 deal$1.3M volume(630) 947-2529
BROKER

Details

SOLD
IMAGE: Laura Pritts DATE: 02/12/2024 ADDRESS: 712 & 715 North Golfcrest Road MARKET: Normal ASSET TYPE: Multifamily ~ ACRES: 1.11 BUYER'S REP: Jenny Scott - Keller Williams Revolution (@KWRevolution) SELLER'S REP: Laura Pritts (@PrittsLaura) - AXIS 360 SALE PRICE: $1,256,250 SF: 20,328 ~ PPSF: $62 NOTE: Two multifamily properties at 712 & 715 North Golfcrest Road in Normal were sold for $1,256,250, with a total square footage of 20,328 and a price per square foot of $62. The buyer was represented by Jenny Scott of Keller Williams Revolution, while Laura Pritts of AXIS 360 represented the seller.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$4,463.18
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