Updated Dec 20, 2023
Kiser Group Sells Multifamily Property In Evanston For $1.675M
820-822 Reba Place, Evanston, IL, USA
$1,675,000
Units
12
Asset Type
MultiFamily
Closing
Jan 11, 2021
About this deal
AI
A multifamily property located at 820-822 Reba Place in Evanston was recently sold for a price of $1,675,000. The property consists of 12 units, bringing the price per unit to $139,583. The transaction took place on January 12, 2021. The sale was facilitated by brokers Matt Halper, Danny Mantis, and Lee Kiser of Kiser Group.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,675,000
- Address: 820-822 Reba Place
- Market: Evanston
- Units: 12
- Price per Unit: $139,583
Matt Halper, Danny Mantis, and Lee Kiser from Kiser Group were the brokers representing the parties involved in the sale of this multifamily property in Evanston.
On the Map
$1,675,000
MultiFamily
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Players
Evanston 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
9.47%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93