Woodstock, IL Land Sale: Keefe Real Estate Inc Acquires 324 Acres On 110 N Fleming Rd For $2.25M
SOLD
$2,250,000
Illinois
See Similar DealsSold 03/08/2022
SOLD
Woodstock, IL Land Sale: Keefe Real Estate Inc Acquires 324 Acres On 110 N Fleming Rd For $2.25M
110 North Fleming Road, Woodstock, Illinois 60098, United States
See Similar DealsSold 03/08/2022
Summary
ILLINOIS
Transaction Type:Sale
The property involved in this transaction is a land located at 110 N Fleming Rd, Woodstock, IL. It spans approximately 324 acres and was sold on 03/08/2022. The buyer's representatives in this deal were Nancy Sobol from Keefe Real Estate Inc and Mark Goodwin from Goodwin & Associates Real Estate LLC. The seller's representative was Mark Goodwin from Goodwin & Associates Real Estate LLC. The sale price for this property was $2,250,000.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,250,000
- Address: 110 N Fleming Rd, Woodstock, IL
- Market: Woodstock, IL
- Asset Type: Land
- ACRES: 324
- Buyer's Rep: Nancy Sobol - Keefe Real Estate Inc; Mark Goodwin - Goodwin & Associates Real Estate LLC
- Seller's Rep: Mark Goodwin - Goodwin & Associates Real Estate LLC
Nancy Sobol from Keefe Real Estate Inc and Mark Goodwin from Goodwin & Associates Real Estate LLC played crucial roles as buyer's representatives in this transaction. They provided their expertise to ensure a successful deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$120,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,993.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,666.15
Annual Debt Service$127,993.77
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