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2300 N Edward St, Decatur, ...

Updated Dec 19, 2023

Quantum Real Estate Advisors Inc. Facilitates $3.3M Sale Of Medical Office In Decatur
SOLDOther

Quantum Real Estate Advisors Inc. Facilitates $3.3M Sale Of Medical Office In Decatur

2300 N Edward St, Decatur, IL, USA

$3,300,000

$113/SF

Building Size

29,000 SF

Asset Type

Other

Closing

Jul 14, 2020

About this deal

AI

A medical office property located at 2300 N. Edward St. in Decatur has been sold for $3,300,000. The transaction took place on 07/14/2021. The property was marketed as part of the sale.

Summary of transation details

  • Property Type: Medical Office
  • Transaction Amount: $3,300,000
  • Market: Decatur

The sale was facilitated by Dan Waszak from Quantum Real Estate Advisors Inc., who represented the seller in the deal.

The other sale at 2300 N Edward St, Decatur, IL, USA in Decatur, Illinois sold for $3.3M in 2020. The building is 29,000 square feet, implying about 113 per square foot on the published price. Daniel Waszak, Quantum Real Estate Advisors appear on the sale alongside Quantum Real Estate Advisors. This page is the Decatur, Illinois file for the 2300 N Edward St, Decatur, IL, USA other sold: pricing, party profiles, and other closed other comps from the same Decatur sit in the Market section below. Filter that Decatur other set by closing date to see what else sold near 2300 N Edward St, Decatur, IL, USA around 2020. Published consideration for 2300 N Edward St, Decatur, IL, USA is $3.3M, dated 2020. Cite this Quantum Real Estate Advisors Inc. Facilitates $3.3M Sale Of Medical Office In Decatur sale when underwriting similar other product around Decatur, Illinois.

Players

Daniel Waszak

Quantum Real Estate Advisors

Broker

$74.4M

vol

15 deals

Broker

Decatur Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $113 per square foot on a published $3.3M for 29,000 square feet (2020).

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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

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