SOLDLand
173.69-Acre Land Parcel In Morrison Sold For $2.1M By Ken Kophamer & Suzi Mills
$2,107,200
Building Size
—
Asset Type
Land
Closing
Jan 11, 2024
About this deal
AI
A 173.69-acre land parcel located at 0 Lyndon Road in Morrison has been sold for $2,107,200. The transaction was facilitated by brokers Ken Kophamer and Suzi Mills of Kophamer & Blean Realty.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,107,200
- Address: 0 Lyndon Road, Morrison
- Market: Morrison
- Size: 173.69 acres
- Brokers: Ken Kophamer & Suzi Mills - Kophamer & Blean Realty
Ken Kophamer and Suzi Mills from Kophamer & Blean Realty played a crucial role in facilitating the transaction of the 173.69-acre land parcel in Morrison.
Players
Market Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.53%
Cash-on-Cash
-2.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93