Crystal Acquisitions Purchases Property From Alex Brown Realty For $11.4 Million At 545 E Algonquin Rd
545 E Algonquin Rd, Arlington Heights...
$11,400,000
$102/SF
Building Size
111,667 SF
Asset Type
—
Closing
Nov 19, 2023
AI
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.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.39%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93