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2S303 Deerpath Rd, Batavia,...

Updated Sep 5, 2024

Kerri Forest Acquires 19.6-Acre Land In Batavia, IL For $1.2M
SOLD

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

Asset Type

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.

Players

Kerri Forest

Keller Williams Realty

Broker

$1.2M

vol

1 deal

Broker

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

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