SOLDLand
Kophamer & Blean Realty Facilitates $1.6M Sale Of Land In Morrison
$1,601,000
Building Size
—
Asset Type
Land
Closing
Jan 26, 2024
About this deal
AI
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.
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93