Farmland Partners Inc Sells 2,750 Acres Of Land In Nebraska & Florida For $19.9M
Florida
$19,900,000
Building Size
—
Asset Type
Land
Closing
Jun 29, 2023
About this deal
AI
Farmland Partners Inc has finalized the sale of over 2,750 acres of land in Nebraska and Florida. The sale generated a gain of more than 26%, amounting to a sale price of $19,900,000. The land is located in the market areas of Nebraska and Florida.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $19,900,000
- Address: Farmland
- Market: Nebraska & Florida
- Acres: 2,750
The seller of the property is Farmland Partners Inc, represented by Luca Fabbri. The sale marks a successful transaction for Farmland Partners Inc, showcasing their ability to generate a substantial gain through the sale of their land assets.
Players
Miami Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.80%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93