Lisle Multifamily Property Sold For $1.53M With Brokers Brian Karmowski Mariano Mollo Anthony Citriglia
SOLD
Illinois
See Similar DealsMultiFamily1 SF
Sold 10/24/2024
SOLD
Lisle Multifamily Property Sold For $1.53M With Brokers Brian Karmowski Mariano Mollo Anthony Citriglia
912 Lacey Avenue
See Similar DealsMultiFamily1 SF
Sold 10/24/2024
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$1,530,000
Total Square Footage:1 SF
Transaction Type:Sale
The property asset involved in this transaction is a multifamily building located at 912-914 Lacey Avenue in Lisle. The sale price of the asset was $1,530,000, which equates to a per unit price of $127,500 for its 12 units.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,530,000
- Units: 12
- Price Per Unit: $127,500
- Date of Sale: 10/24/2024
- Address: 912-914 Lacey Avenue
- Market: Lisle
The deal involved brokers Brian Karmowski, Mariano Mollo, and Anthony Citriglia from Essex Realty Group, who represented the parties involved in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$81,600.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,435.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,252.98
Annual Debt Service$87,035.77
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