Updated Oct 29, 2024
Interra Realty Facilitates $6.4M Sale Of 37-Unit Multifamily Property On Washington St. In Evanston
909 Washington St, Evanston, IL, USA
$6,400,000
$7,529/SF
Building Size
850 SF
Asset Type
MultiFamily
Closing
Mar 14, 2021
About this deal
AI
Located at 909 Washington St. in Evanston, this multifamily property was recently sold in a closed transaction. The property consists of 37 units and was sold for a total price of $6,400,000, resulting in a price per unit of $172,973. The sale took place on 03/15/2021 and the seller was Robinson Rentals.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,400,000
- Units: 37
- Price Per Unit: $172,973
- Seller: Robinson Rentals
The deal was facilitated by Brad Feldman of Interra Realty, who represented the seller in this transaction.
Players
Evanston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Brad Feldman to view all their deals.
Browse Illinois multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.48%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93