facebook

traded

+ Submit
Home

/

Deals

/

Indiana

/

Self Storage

/

Sale

/

West 79th Avenue

Elizabeth Raun-Schlesinger Purchases Self Storage Facility In Merrillville For $3.06M With Brokers Ingla Robinson Ta'Mara Jones Leanna Calderon
SOLDSelf Storage

Elizabeth Raun-Schlesinger Purchases Self Storage Facility In Merrillville For $3.06M With Brokers Ingla Robinson Ta'Mara Jones Leanna Calderon

West 79th Avenue

$3,062,000

$92/SF

Building Size

33,000 SF

Asset Type

Self Storage

Closing

Jun 25, 2024

AI

The property involved in this transaction is a self-storage facility located at 240 West 79th Avenue, Merrillville, IN. The sale price for the asset was $3,062,000, with a total square footage of 33,000, resulting in a price per square foot of $92.

Summary of transaction details:

  • Property Type: Self Storage
  • Transaction Amount: $3,062,000
  • Address: 240 West 79th Avenue
  • Market: Merrillville, IN
  • Square Footage: 33,000
  • Price Per Square Foot: $92
  • Buyer: Elizabeth Raun-Schlesinger
  • Seller: Martin Shreibak
  • Brokers: Ingla Robinson, Ta'Mara Jones, Leanna Calderon - Calvary Realty

The transaction was facilitated by representatives from Calvary Realty, specifically Ingla Robinson, Ta'Mara Jones, and Leanna Calderon, who played a significant role in bringing together the buyer, Elizabeth Raun-Schlesinger, and the seller, Martin Shreibak.

Players

Ingla Robinson

Broker

$40.2M

vol

6 deals

Broker

Merrillville Self Storage Market Snapshot

Boundary boundary · Self Storage · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.18%

Cash-on-Cash

-1.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93