Updated Dec 19, 2023
Whitetail Properties Real Estate Acquires 275.37 Acre Development Site In Elizabeth For $1,529,000
5364 E Bethel Rd, Elizabeth, IL, USA
$1,529,000
$0/SF
Building Size
11,995,117 SF
Asset Type
Development Site
Closing
Mar 14, 2021
About this deal
AI
A development site located at 5364 E Bethel Rd in Elizabeth has been sold for $1,529,000. The property spans across 275.37 acres, resulting in a price per acre of $5,553. The sale of this development site was facilitated by Todd Henry of Whitetail Properties Real Estate, LLC.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: $1,529,000
- Address: 5364 E Bethel Rd
- Market: Elizabeth
- Acres: 275.37
- Price Per Acre: $5,553
Todd Henry of Whitetail Properties Real Estate, LLC played a crucial role as the broker in this transaction. Their expertise and representation facilitated the successful sale of this development site in Elizabeth.
Players
Elizabeth Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.37%
Cash-on-Cash
-2.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93