MK Asset Management Acquires Property At 11608 Copenhagen Ct Schiller Park With Buyer’s Reps Knafel And Williams
11608 Copenhagen Ct, Schiller Park, I...
Building Size
87,500 SF
Asset Type
Warehouse
Closing
Nov 20, 2023
AI
The property asset involved in the transaction is located at 11608 Copenhagen Ct, Schiller Park, IL within the Queens market. It encompasses a total square footage of 87,500 square feet.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: Unknown
- Buyer: MK Asset Management
- Seller: Unknown
- Buyer's Representative: Matthew (Matt) Knafel - KWILL Merchant Advisors, Hugh Williams - Avison Young
The individuals involved in the transaction include buyer's representatives Matthew (Matt) Knafel associated with KWILL Merchant Advisors and Hugh Williams from Avison Young, who were instrumental in representing the buyer, MK Asset Management, in this deal.
Players
Queens Warehouse Market Snapshot
Boundary boundary · Warehouse · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93