SOLDFarm
Jonathan Prehn Brokers $1.58M Sale Of Farm In Jerseyville
$1,581,692
Building Size
—
Asset Type
Farm
Closing
May 8, 2024
About this deal
AI
The ranch property located at 0 Wagonblast Road in Jerseyville, spanning 121.93 acres, was recently sold for $1,581,692. The sale was facilitated by Jonathan Prehn of Tarrant & Harman Real Estate.
Summary of transaction details:
- Property Type: Farm
- Transaction Amount: $1,581,692
- Broker: Jonathan Prehn - Tarrant & Harman Real Estate
- Address: 0 Wagonblast Road
- Market: Jerseyville
The deal was successfully brokered by Jonathan Prehn of Tarrant & Harman Real Estate, showcasing his expertise in closing property transactions in the Jerseyville area.
Market Farm Market Snapshot
Boundary boundary · Farm · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.03%
Cash-on-Cash
-2.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93