Berkshire Hathaway HomeServices Acquires 37.07 Acres Of Land In Huntley, IL For $1.2M
9803 Illinois 47, Huntley, IL, USA
$1,225,000
$405/SF
Building Size
3,021 SF
Asset Type
—
Closing
Jul 26, 2020
About this deal
AI
Located in Huntley, IL, a property at 9803 N IL Route 47 has recently been sold for a total price of $1,225,000. This transaction involves a land asset spanning a vast area of 37.07 acres. With a purchase price per acre (PPA) of $33,046, this sale represents a significant deal in the area.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,225,000
- Acres: 37.07
- Price Per Acre (PPA): $33,046
- Market: Huntley, IL
Representing the buyer's side is Emily Smith from Berkshire Hathaway HomeServices Starck Real Estate. On the seller's side, Sara Mitchell is the representative from Century 21 New Heritage - Huntley. Both agents played key roles in facilitating this successful transaction.
Players
Huntley 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
12.95%
Cash-on-Cash
-3.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93