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8431 West Sauk Trail, Frank...

Updated Sep 9, 2024

Goodwin & Associates Real Estate LLC Sells Land In Frankfort, IL For $1.965M
SOLD

Goodwin & Associates Real Estate LLC Sells Land In Frankfort, IL For $1.965M

8431 West Sauk Trail, Frankfort, Illinois 60423, United States

$1,965,000

Building Size

Asset Type

Closing

Jul 4, 2022

About this deal

AI

The property asset involved in this closed transaction is a piece of land located at 8431 W Sauk Trl in Frankfort, IL. The transaction took place on 07/05/2022. The land was sold for a total price of $1,965,000. Mark Goodwin of Goodwin & Associates Real Estate LLC represented the parties involved in this deal.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,965,000
  • Address: 8431 W Sauk Trl, Frankfort, IL
  • Market: Frankfort, IL

This transaction showcases the expertise and professionalism of Mark Goodwin from Goodwin & Associates Real Estate LLC, who successfully facilitated the sale of this land in Frankfort, IL. The deal highlights the strong demand for land properties in the area and the value it holds in the real estate market. The involvement of a skilled broker like Mark Goodwin ensured a smooth and profitable transaction for all parties involved.

Players

Mark Goodwin

Goodwin & Associates Real Estate

Broker

$32.8M

vol

15 deals

Broker

Frankfort 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

8.07%

Cash-on-Cash

-2.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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