Marcus & Millichap Sells Winnetka Multifamily Property For $5.2M With Buyer's Rep Filip Niculete, Glen Scher & Jonathan Erster

The multifamily property located at 20326 Saticoy St in Winnetka has been sold. The transaction took place on 02/27/2019 for a total price of $5,200,000. This property consists of 33 units with a total square footage of 22,287. The price per unit is approximately $157,576, and the price per square foot is $233.31. The capitalization rate for this transaction is 4.12% and the gross rent multiplier is 13.95. The property is situated in the Winnetka market, offering a great investment opportunity.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,200,000
• Units: 33
• Price per Unit: $157,576
• Square Footage: 22,287
• Price per Square Foot: $233.31
• Capitalization Rate: 4.12%
• Gross Rent Multiplier: 13.95
• Market: Winnetka

During the transaction, the property was represented by Filip Niculete, Glen Scher, and Jonathan Erster from Marcus & Millichap. These brokers ensured a smooth and successful deal for all parties involved.