Crystal Acquisitions Purchases Property From Alex Brown Realty For $11.4 Million At 545 E Algonquin Rd
SOLD
$11,400,000
National
See Similar Deals111,667 SF
SOLD
Crystal Acquisitions Purchases Property From Alex Brown Realty For $11.4 Million At 545 E Algonquin Rd
545 E Algonquin Rd, Arlington Heights...
See Similar Deals111,667 SF
Summary
Price Per Square Foot:$102
Total Square Footage:111,667 SF
Transaction Type:Sale
The property asset involved in this transaction is located at 545 E Algonquin Rd, Arlington Heights. The sale price for this property is $11,400,000.00, and it encompasses a total area of 111,667 square feet.
Summary of transaction details:
- Property Type: Not specified
- Transaction Amount: $11,400,000.00
- Address: 545 E Algonquin Rd, Arlington Heights
- Seller: Alex Brown Realty
- Buyer: Crystal Acquisitions
- Seller's Representative: Craig Tomlinson, John Zimmerman-Compass
This transaction involves the participation of seller's representatives, Craig Tomlinson and John Zimmerman from Compass, who facilitated the deal between the seller, Alex Brown Realty, and the buyer, Crystal Acquisitions.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$607,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$40,501.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,041.82
Annual Debt Service$648,501.79
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