Mark Goodwin Acquires 259 Acres Of Land In Earlville, IL For $2.4M
SOLD
$2,438,100
Illinois
See Similar DealsSold 06/25/2021
SOLD
Mark Goodwin Acquires 259 Acres Of Land In Earlville, IL For $2.4M
450 Benson Rd, Earlville, Illinois, USA
See Similar DealsSold 06/25/2021
Summary
ILLINOIS
Transaction Type:Sale
A 259-acre land located at 450 Benson Rd in Earlville, IL has been sold for a total price of $2,438,100. The transaction took place on June 25, 2021. The property is known for its vast size and is categorized as land.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,438,100
- Address: 450 Benson Rd, Earlville, IL
- Market: Earlville, IL
- Broker: Mark Goodwin
- Agency: Goodwin & Assoc. Real Estate LLC
- Acres: 259
- Price per Acre (PPA): $9,414
The transaction was facilitated by Mark Goodwin, a representative from Goodwin & Assoc. Real Estate LLC. The deal involved the sale of the 259-acre land at 450 Benson Rd in Earlville, IL, with a final price of $2,438,100. The property, which is located in Earlville, IL, offers a significant amount of land for potential development or other purposes.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$130,032.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,662.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,557.84
Annual Debt Service$138,694.05
Is there something missing? Send suggestions