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Pima County, Arizona, USA

Updated Dec 21, 2023

James Hetfield Sells 20 Acres Of Land In Pima County, Arizona For $1.2M
SOLD

James Hetfield Sells 20 Acres Of Land In Pima County, Arizona For $1.2M

Pima County, Arizona, USA

$1,200,000

Building Size

Asset Type

Closing

Oct 23, 2021

About this deal

AI

James Hetfield, the lead singer and guitarist of Metallica, recently sold a 20-acre land parcel in Pima County, Arizona. The property, located in a prime market area, was listed at a price per acre of $60,000.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,200,000
  • Market: Pima County, Arizona
  • Acres: 20

In this deal, James Hetfield served as the seller of the property. The sale price for the land parcel was $1,200,000, providing a profitable return on investment for Hetfield.

Players

Schuchk CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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