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Kophamer & Blean Realty Facilitates $1.6M Sale Of Land In Morrison
SOLD
Illinois
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Sold
Summary
Asset Type:Land
Transaction Type:Sale
The sale of land at 0 Penrose Road in Morrison for $1,601,000 was facilitated by Kophamer & Blean Realty. The property is located in Morrison, and its address is 0 Penrose Road.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,601,000
- Market: Morrison
Kophamer & Blean Realty, represented by Ken Kophamer, Suzi Mills, and Larry Brackemyer, acted as the brokers in this deal.
Please note that no additional information was provided in the context.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,386.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,688.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,589.56
Annual Debt Service$91,074.68
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