Elizabeth Raun-Schlesinger Purchases Self Storage Facility In Merrillville For $3.06M With Brokers Ingla Robinson Ta'Mara Jones Leanna Calderon
SOLD
$3,062,000
Indiana
See Similar DealsSelf Storage33,000 SF
Sold
SOLD
Elizabeth Raun-Schlesinger Purchases Self Storage Facility In Merrillville For $3.06M With Brokers Ingla Robinson Ta'Mara Jones Leanna Calderon
West 79th Avenue
See Similar DealsSelf Storage33,000 SF
Sold
Summary
INDIANA
Asset Type:Self Storage
Price Per Square Foot:$92
Total Square Footage:33000 SF
Transaction Type:Sale
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.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$163,306.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,878.63
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,515.44
Annual Debt Service$174,185.31
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