The Boulder Group Facilitates $3.3M Sale Of Office Building In Saint Charles
3879 E Main St, Saint Charles, IL, USA
$3,300,000
$920/SF
Building Size
3,586 SF
Asset Type
Office
Closing
Oct 14, 2021
About this deal
AI
Located at 3879 E. Main St. in Saint Charles, this office property was recently sold for a total price of $3,300,000. Spanning across 3,586 square feet, the property was sold at a rate of $920 per square foot.
Summary of transation details
- Property Type: Office
- Transaction Amount: $3,300,000
- Square Footage: 3,586
- Price per Square Foot: $920
- Market: Saint Charles
The sale of this office property at 3879 E. Main St. in Saint Charles was facilitated by Randy Blankstein and Jimmy Goodman, both representing The Boulder Group. Their expertise and negotiation skills contributed to the successful transaction.
Players
Saint Charles Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93