Updated Dec 4, 2024
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
$1,256,250
$30/SF
Building Size
20,328 SF
Asset Type
MultiFamily
Closing
Feb 12, 2024
About this deal
AI
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.
On the Map
$1,256,250
$30/SF
MultiFamily
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Players
Normal 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
12.63%
Cash-on-Cash
-3.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93