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11608 Copenhagen Ct, Schill...

MK Asset Management Acquires Property At 11608 Copenhagen Ct Schiller Park With Buyer’s Reps Knafel And Williams
SOLDWarehouse

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:

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

Matthew Knafel

KWILL Merchant Advisors

Broker

3 deals

Broker
Lee & Associates
Lee & AssociatesBrokerage

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