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
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
- Property Type: Multifamily
- Transaction Amount: $415,000
- Units: 6
- Price per Unit: $69,167
- Square Footage: 4,800
- Price per Square Foot: $86
- Broker: Aaron Sklar & Noah Birk - Kiser Group
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.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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