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9158 South Ada Street

Updated Sep 9, 2024

Kiser Group Brokers Sell 6-Unit Multifamily In Brainerd, Chicago For $415K
SOLDMultiFamily

Kiser Group Brokers Sell 6-Unit Multifamily In Brainerd, Chicago For $415K

9158 South Ada Street

$415,000

$86/SF

Building Size

4,800 SF

Asset Type

MultiFamily

Closing

Aug 2, 2022

About this deal

AI

The multifamily property located at 9158 S Ada St in Brainerd, Chicago was recently sold in a transaction facilitated by Aaron Sklar and Noah Birk of Kiser Group. The property consists of 6 units with a total square footage of 4,800. The sale price for this transaction was $415,000, resulting in a per unit price of $69,167. The price per square foot was calculated at $86.

Summary of transaction details

Aaron Sklar and Noah Birk, representing Kiser Group, successfully facilitated the sale of this multifamily property. Their expertise and negotiation skills contributed to the smooth transaction process. The involvement of Kiser Group signifies their commitment to providing exceptional real estate representation.

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$415,000

$86/SF

MultiFamily

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Players

Aaron Sklar

Kiser Group

Broker

$111.1M

vol

66 deals

Broker
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Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $86 per square foot on a published $415K for 4,800 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

38.22%

Cash-on-Cash

-10.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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