Leased/Sold
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Sold!
Parties: Royce Bialon, Brett McDermott
Location: 7800 Ridge Rd, Hobart, IN, 46342
Comments:
Date: Dec 24, 2014
Transaction Amount: $979,000
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Sold!
Parties:
Location: 3933-59 West Pine, St. Louis, MO, 63108
Comments:
Date: Dec 19, 2014
Transaction Amount: $1,400,000
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Leased!
Parties:
Location: 3001-R Spruce Street, St. Louis, MO, 63103
Comments:
Date: Nov 19, 0014
Transaction Amount: $0
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Sold!
Parties: Royce Bialon
Location: 2068 Lucas Parkway , Lowell, IN
Comments:
Date: Dec 23, 2014
Transaction Amount: $304,000
Cap Rate: 14.00%
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Leased!
Parties: Nick Robinson
Amanda Daughtery
Location: 2139 NE 2nd Street, Ocala, FL, 34470
Comments: This property was leased at $11.83 PSF NNN for two years with a two year option to an insurance company that has been located in Ocala for more than 30 years.
It is not available for sale for $123,900 at an 8.5% Cap rate.
Date: Oct 01, 0014
Transaction Amount: $31,000
Cap Rate: 8.50%
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Leased!
Parties:
Location: 829 Gallatin Street, Jackson, MS, 39204
Comments:
Date: Dec 15, 2014
Transaction Amount: $0
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Sold!
Parties: Royce Bialon
Location: 2000 W Route 30, Merrilleville, IN
Comments:
Date: Nov 25, 2014
Transaction Amount: $500,000
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Sold!
Parties: Simeon Spirrison, CCIM, George Spirrison, CCIM
Location: 480 S River Road, Des Plaines, IL, 60016
Comments: Closed in under 21 Days!!!
Date: Oct 24, 2014
Transaction Amount: $700,000
Cap Rate: 12.00%
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Sold!
Parties: Royce Bialon
Location: 125 Dixie Hwy, Momence, IL, 60954
Comments:
Date: Nov 07, 2014
Transaction Amount: $465,000
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Leased!
Parties: Christopher Sauer
Location: 526 N. 4th Ave, Tucson, AZ, 85705
Comments: Leased!
Date: Apr 01, 2012
Transaction Amount: $240,000
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Sold!
Parties: Christopher Sauer
Location: 1630 - 1650 E. Adelaide, Tucson, AZ, 85715
Comments: Sale listing, deal closed.
Date: Mar 01, 2013
Transaction Amount: $650,000
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Sold!
Parties: Christopher Sauer
Location: 210 E. 12th St, Tucson, AZ, 85701
Comments: Peach Properties buyer broker.
Date: Dec 14, 2012
Transaction Amount: $609,000
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Sold!
Parties: Christopher Sauer
Location: 111 S. 5th Ave, Tucson, AZ, 85701
Comments: Peach Properties acting as buyer broker.
Date: Dec 26, 2013
Transaction Amount: $900,000
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Sold!
Parties: Christopher Sauer
Location: 510 N. 7th Ave, Tucson, AZ, 85705
Comments: Peach Properties HM Inc was buyers agent.
Date: Oct 14, 2014
Transaction Amount: $676,000
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Leased!
Parties: Royce Bialon
Location: 3215 Butler Ave, So Chicago Heights, IL, 60411
Comments:
Date: Oct 15, 2014
Transaction Amount: $72,000
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Leased!
Parties: Robert Tack
Location: 1414 9th Street NW, Washington, DC, 20001
Comments: 5 year lease
Date: Sep 01, 2014
Transaction Amount: $0
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Sold!
Parties: Natan Jacobs, Les Litwin
Location: 1317 & 1321 W McDowell Road, Phoenix, AZ, 85007
Comments: Vestis Group is pleased to announce that Principals Natan Jacobs and Les Litwin have completed the sale of McDowell Apartments, an 8-unit multifamily community located in the sought after F.Q. Story Historic District in Downtown Phoenix, just north of Midtown Phoenix, Arizona for $719,000 / $89,875 Per Unit.
Pinnacle AZ Development LLLP of Phoenix, Arizona sold McDowell Apartments, located at 1317 & 1321 West McDowell Road, in the F.Q. Story Historic District of downtown Phoenix to the Virani Family Trust of San Francisco, California for $719,000 / $131 Per Square Foot. Natan Jacobs and Les Litwin with Vestis Group in Phoenix represented the Seller in the sale of this Phoenix multifamily property. Tom Rizen with R.A.N. Realty & Property Management represented the Buyer.
Date: Sep 30, 2014
Transaction Amount: $719,000
Cap Rate: 6.75%
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Sold!
Location: 1819 North 40th Street, Phoenix, AZ, 85008
Comments:
Date: Aug 28, 2014
Transaction Amount: $240,000
Cap Rate: 9.00%
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Sold!
Parties:
Location: 2000 E Golf Road, Schaumburg, IL, 60173
Comments:
Date: Sep 03, 2014
Transaction Amount: $4,200,000
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Sold!
Parties: Melanie Richardson
Location: 631 Earthside Circle , Claremore , OK, 74017
Comments: First Commercial Real Estate Services Corporation is pleased to announce the sale of the Beacon Hill Townhomes located in Claremore, Oklahoma. The property is located at 631-643 Earthside Circle and is near the Claremore Indian Hospital, the Claremore Expo Center and Rogers State University. The Buyer is a local real estate investor and the Seller is a partnership of out-of-state real estate investors.
The sale price was $ 2,200,000 or $68,750 per unit. The property was constructed in 1979 and consists of 16 buildings with a total of 32 units and a storage building. The unit mix consists of two, three, and four bedroom units. All units have a garage and washer/dryer connections as well as fireplaces and patios. The property was significantly upgraded including recent siding, new roofs, and extensive landscaping. The interiors were updated with unique custom finishes.
The Seller was represented by the multifamily team of Mike Marrara and Melanie Richardson of First Commercial Real Estate Services Corporation. The Buyer was represented by Tracy Streich of Realis Management, LLC. Mike and Melanie noted that there was strong interest in the area and in the property, with an offer generated in less than 30 days of marketing. There is a high demand for stabilized, cash flowing assets in good areas. Beacon Hill sold for 98% of its list price and at the current NOI that translates to a 7.3 CAP Rate.
David Hagaman with Tulsa Abstract and Title Company handled the closing. RCB Bank provided financing to the Buyer for the acquisition.
Date: Aug 21, 2014
Transaction Amount: $2,200,000
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