The Boulder Group Acquires Retail Property In Lincoln For $2.15M
3103 Woodlawn Rd, Lincoln, Illinois 62656, United States
$2,153,191
Building Size
—
Asset Type
Retail
Closing
Mar 22, 2022
AI
Randy Blankstein and John Feeney of The Boulder Group facilitated the sale of a retail property located at 3103 Woodlawn Road in Lincoln. The transaction took place on March 23, 2022. The property was sold for a total price of $2,153,191.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,153,191
- Address: 3103 Woodlawn Road, Lincoln
- Market: Lincoln
Randy Blankstein and John Feeney, representing The Boulder Group, were the brokers involved in this sale.
Players
Lincoln Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.37%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93