Traditions Harmony Housing LLC Acquires 396-Unit Multifamily In Bloomington For $39.2M
SOLD
$39,150,000
Illinois
See Similar DealsMultiFamily850 SF
Sold 09/29/2021
SOLD
Traditions Harmony Housing LLC Acquires 396-Unit Multifamily In Bloomington For $39.2M
901 Valley View Cir, Bloomington, IL, USA
See Similar DealsMultiFamily850 SF
Sold 09/29/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$46,058
Total Square Footage:850 SF
Transaction Type:Sale
The multifamily property located at 901 Valley View Cir in Bloomington was recently sold in a closed transaction. The property consists of 396 units and was sold for a total price of $39,150,000, resulting in an average price per unit of $98,864.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $39,150,000
- Address: 901 Valley View Cir
- Market: Bloomington
- Buyer: Traditions Harmony Housing LLC
- Seller: Dominium
- Brokers: Ralph DePasquale, Jeff Irish & Brandon Grisham - Berkadia
- Units: 396
- Price per Unit: $98,864
The buyer of the property was Traditions Harmony Housing LLC, while the seller was Dominium. The deal was facilitated by brokers Ralph DePasquale, Jeff Irish, and Brandon Grisham from Berkadia.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,088,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$139,091.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$185,590.97
Annual Debt Service$2,227,091.68
Is there something missing? Send suggestions