113.9-Acre Hume Farm Sold for $1,879,350 Brokered by Floyd Young of Mossy Oak Properties Illinois Land & Lifestyle
$1,879,350
Building Size
—
Asset Type
Farm
Closing
Dec 6, 2023
About this deal
AI
A 113.9-acre farm located at 36 Highway in Hume has been sold for $1,879,350. The transaction was managed by broker Floyd Young of Mossy Oak Properties Illinois Land & Lifestyle.
Summary of transaction details
- Property Type: Farm
- Transaction Amount: $1,879,350
- Address: 36 Highway, Hume
- Market: Hume
- Acres: 113.9
Floyd Young of Mossy Oak Properties Illinois Land & Lifestyle represented the seller and facilitated the transaction.
113.9-Acre Hume Farm Sold for $1,879,350 Brokered by Floyd Young of Mossy Oak Properties Illinois Land & Lifestyle is logged as a farm sale on Traded (2023). 113.9-Acre Hume Farm Sold for $1,879,350 Brokered by Floyd Young of Mossy Oak Properties Illinois Land & Lifestyle is classified as Farm on Traded. Floyd Young, Mossy Oak Properties appear on the sale alongside Mossy Oak Properties. This page is the market file for the 113.9-Acre Hume Farm Sold for $1,879,350 Brokered by Floyd Young of Mossy Oak Properties Illinois Land & Lifestyle farm sold: pricing, party profiles, and other closed farm comps from the same area sit in the Market section below. Cite this 113.9-Acre Hume Farm Sold for $1,879,350 Brokered by Floyd Young of Mossy Oak Properties Illinois Land & Lifestyle sale when underwriting similar farm product.
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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
8.44%
Cash-on-Cash
-2.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93