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2101 Reamer Drive

Barry Sharrer Sells Multifamily Asset At 2101 Reamer Drive In Barrington With Broker Adam Zweibel
SOLDMultiFamily

Barry Sharrer Sells Multifamily Asset At 2101 Reamer Drive In Barrington With Broker Adam Zweibel

2101 Reamer Drive

Building Size

177,300 SF

Asset Type

MultiFamily

Closing

Mar 26, 2025

AI

The asset involved in the transaction is a multifamily property located at 2101 Reamer Drive in Barrington. It consists of 284 units and has a total square footage of 177,300.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not disclosed
  • Address: 2101 Reamer Drive
  • Market: Barrington
  • Units: 284
  • Square Footage: 177,300
  • Seller: Barry Sharrer
  • Broker: Adam Zweibel - Hudson Atlantic Realty

The deal was facilitated by Adam Zweibel representing the broker Hudson Atlantic Realty in the transaction, ensuring the successful transfer of ownership from the seller, Barry Sharrer.

Players

Adam Zweibel

Hudson Atlantic Realty

Broker

$400.1M

vol

26 deals

Broker

Barrington MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.16%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93