Bridge Investment Group Acquires Mobile Home In Sauk Village, Ill For $30.1M
4 Candlelight Drive, Sauk Village, IL, USA
$30,100,000
$2,667/SF
Building Size
11,286 SF
Asset Type
Other
Closing
Sep 28, 2021
About this deal
AI
The sale involved a mobile home located at 4 Candlelight Drive in Sauk Village, Illinois. The transaction concluded with a sale price of $30,100,000.
Summary of transaction details:
- Property Type: Mobile Home
- Transaction Amount: $30,100,000
- Buyer: Bridge Investment Group - Robert Morse & Jonathan Slager
- Seller: Sun Communities
- Date of Transaction: 09/28/2021
In this transaction, the buyer was represented by Robert Morse and Jonathan Slager from Bridge Investment Group. The seller was represented by Sun Communities, facilitating the transfer of ownership for the mobile home.
Players
Sauk Village Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93