Evanston Multifamily Property Sold For $1.05M With Buyer's Rep Joseph Betancourt & Seller's Rep Greg Martin
8743 East Prairie Road & 45 East Prairie Road
$1,050,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 27, 2023
AI
In Evanston, a multifamily property located at 8743 East Prairie Road was sold for $1,050,000. The transaction was facilitated with Joseph Betancourt of Betancourt Realty representing the buyer and Greg Martin of Coldwell Banker representing the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 8743 East Prairie Road, Evanston
- Market: Evanston
Joseph Betancourt of Betancourt Realty represented the buyer, while Greg Martin of Coldwell Banker represented the seller in this transaction.
Players
Skokie 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93