SOLDFarm
Heartland Realty Sells 137.65-Acre Dixon Farm On US Route 52 For $1.93M
Us Route 52
$1,931,032
Building Size
—
Asset Type
Farm
Closing
Oct 23, 2023
AI
A 137.65-acre farm located on US Route 52 in Dixon has been sold for a total of $1,931,032. The transaction was facilitated by Matthew Hermes of Heartland Realty.
Summary of transaction details:
- Property Type: Farm
- Transaction Amount: $1,931,032
- Address: US Route 52, Dixon
- Market: Dixon
- Broker: Matthew Hermes - Heartland Realty
The property, comprising 137.65 acres, was recently sold in Dixon for a total of $1,931,032. Matthew Hermes, representing Heartland Realty, played a pivotal role in the transaction.
Players
Rote Farm Market Snapshot
Boundary boundary · Farm · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.21%
Cash-on-Cash
-2.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93