James Begley Of Exclusive Realtors Acquires Development Site In Frankfort For $1.4M
SOLD
$1,419,400
Illinois
See Similar DealsDevelopment Site6,581,480 SF
Sold 12/28/2020
SOLD
James Begley Of Exclusive Realtors Acquires Development Site In Frankfort For $1.4M
8800 West Stuenkel Road, Frankfort, IL, USA
See Similar DealsDevelopment Site6,581,480 SF
Sold 12/28/2020
Summary
ILLINOIS
Asset Type:Development Site
Price Per Square Foot:$0
Total Square Footage:6,581,480 SF
Transaction Type:Sale
8800 W. Stuenkel Road, located in Frankfort, was recently sold in a development site transaction. The property spans over 151.09 acres and was sold for a total price of $1,419,400, resulting in a per acre price of $9,394. The sale was finalized on 12/28/2020.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $1,419,400
- Acres: 151.09
- Price per Acre: $9,394
- Date: 12/28/2020
Representing the buyer, James Begley from Exclusive Realtors facilitated the transaction, while Mark Goodwin from Goodwin & Assoc. Real Estate LLC represented the seller.
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)
$75,701.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,042.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,728.68
Annual Debt Service$80,744.16
Is there something missing? Send suggestions