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James Brandon Swartzlander Brokers $1M Sale Of 80-Acre Ranch In Centralia Market
SOLD
$1,000,000
Illinois
See Similar DealsFarm
Sold 04/29/2024
SOLD
James Brandon Swartzlander Brokers $1M Sale Of 80-Acre Ranch In Centralia Market
Farm
Sold 04/29/2024
Summary
Asset Type:Farm
Transaction Type:Sale
The 80-acre ranch property on Ferrin Road in Centralia was sold for $1,000,000. James Brandon Swartzlander from Midwest Farm & Land Co. LLC facilitated the transaction.
Summary of transaction details:
- Property Type: Ranch
- Transaction Amount: $1,000,000
- Address: 000 Ferrin Road
- Market: Centralia
- Broker: James Brandon Swartzlander - Midwest Farm & Land Co. LLC
The sale of the agricultural asset in Centralia was brokered by James Brandon Swartzlander from Midwest Farm & Land Co. LLC, showcasing his expertise in handling transactions in the market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
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