Kerri Forest Acquires 19.6-Acre Land In Batavia, IL For $1.2M
2S303 Deerpath Rd, Batavia, Illinois 60510, United States
$1,200,000
Building Size
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Asset Type
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Closing
Apr 24, 2022
About this deal
AI
A 19.6-acre land located at 2S303 Deerpath Rd in Batavia, IL has been sold for $1,200,000. The transaction took place on 04/25/2022. The property, represented by broker Kerri Forest of Keller Williams Realty Infinity, was listed for sale. The land is an asset with significant potential for future development.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,200,000
- Address: 2S303 Deerpath Rd, Batavia, IL
- Market: Batavia, IL
- Size: 19.6 acres
This successful sale was facilitated by the expertise of Kerri Forest from Keller Williams Realty Infinity. Kerri Forest represented the seller in this transaction, demonstrating their knowledge of the local market and their commitment to achieving the best possible outcome for their client.
Batavia CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93