Nugent Curtis Real Estate Acquires 353 Acres Of Land In Watseka For $2.35M
2400 East 1950 North Road, Watseka, Illinois 60970, United States
$2,350,000
Building Size
—
Asset Type
—
Closing
Jan 16, 2023
About this deal
AI
A 353-acre land located at 2400 E 1950 North Rd in Watseka has recently been sold for a price of $2,350,000. The sale was facilitated by real estate broker Joseph Nugent from Nugent Curtis Real Estate LLC.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,350,000
- Address: 2400 E 1950 North Rd, Watseka
- Market: Watseka
- Acres: 353
This transaction, which took place on January 16, 2023, involved the sale of a sizeable land asset in Watseka. Joseph Nugent, representing Nugent Curtis Real Estate LLC, played a crucial role in facilitating the deal.
Players
Watseka CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse Illinois sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.75%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93