Tarrant And Harman Real Estate Sells 329 Acres Of Land In Godfrey, IL For $1.68M
11093 Riehl Lane, Godfrey, IL 62035
$1,677,900
$1,271/SF
Building Size
1,320 SF
Asset Type
—
Closing
Apr 5, 2021
About this deal
AI
A land property located at 11093 Riehl Ln in Godfrey, IL was recently sold for a total price of $1,677,900. The transaction took place on 04/06/2021. The land spans across 329 acres and is situated in the Godfrey market.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,677,900
- Broker: Travis Tarrant - Tarrant And Harman Real Estate
- BSF (Building Square Footage): 1,320
- PPBSF (Price Per Building Square Foot): $1,271
- ACRES: 329
- PPA (Price Per Acre): $5,100
The sale of this land property was facilitated by Travis Tarrant, representing Tarrant And Harman Real Estate. With the deal closed, this transaction highlights the successful collaboration between the buyer and seller, demonstrating the expertise of Travis Tarrant and Tarrant And Harman Real Estate in guiding clients through land transactions in the Godfrey area.
Players
Godfrey CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Visit Travis Tarrant to view all their deals.
Browse Illinois sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.45%
Cash-on-Cash
-2.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93