Updated Sep 9, 2024
Kevin Kujawa Acquires 150.20 Acres Of Land In Gridley For $6.5M
95 Township Rd Gridley, CA 95948, USA
$6,500,000
Building Size
—
Asset Type
Land
Closing
Aug 4, 2023
About this deal
AI
A fully operational business comprising 150 acres of orchards, residences, and commercial facilities, including a weigh station, shop, and tunnel prune dryer, has been sold for $6,500,000 in Gridley, CA. The property features solar panels, micro sprinklers, and a prime location near Highway 99, offering significant agricultural potential.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $6,500,000
- Address: 95 Township Road, Gridley, CA
- Market: Gridley
- Asset Type: Land
- Acres: 150.20
The sale of this fully operational business in Gridley, CA was facilitated by Kevin Kujawa, a broker from eXp Realty. Through his expertise and guidance, the transaction was successfully completed, providing both the buyer and seller with a favorable outcome.
Players
Gridley Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93