Updated Jul 8, 2025
SOLDFarm
Hickory Hill Orchards, LLC Purchases 33-Acre Farm In Cheshire, CT For $3.2M
351 South Meriden Road & 363 South Meriden Road
$3,200,000
Building Size
—
Asset Type
Farm
Closing
Mar 21, 2025
About this deal
AI
The transaction involved 33 acres of farm land located at 351 South Meriden Road and 363 South Meriden Road in Cheshire, CT, with a sale price set at $3,200,000.
Summary of transaction details:
- Property Type: Farm
- Transaction Amount: $3,200,000
- Buyer: Hickory Hill Orchards, LLC
- Seller: Fredric Kudish & Lynn Kudish
- Brokers: Heydeh Renstrup & Mary Ann Campbell - William Pitt Sotheby’s International Realty
John Bergin from Pearce Real Estate represented Hickory Hill Orchards, LLC in this purchase aimed at reviving the orchard and farm market in the area.
Players
Cheshire Farm Market Snapshot
Boundary boundary · Farm · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93