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Tyler Bridge Road

Updated Dec 4, 2024

Lynn Beasley Of Midwest Real Estate Facilitates $1.150M Sale Of 277.3-Acre Land
SOLDLand

Lynn Beasley Of Midwest Real Estate Facilitates $1.150M Sale Of 277.3-Acre Land

Tyler Bridge Road

$1,150,000

Building Size

Asset Type

Land

Closing

Apr 19, 2024

About this deal

AI

000 Tyler Bridge Road, a 277.3-acre land parcel located in Creal Springs, was recently sold for $1,150,000. The transaction was handled by Lynn Beasley of Midwest Real Estate, representing the seller, while Hunt & Farm Realty acted as the buyer's representative.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $1,150,000
  • Address: 000 Tyler Bridge Road
  • Market: Creal Springs
  • Asset Type: Land
  • Acres: 277.3
  • Buyer's Representative: Hunt & Farm Realty
  • Seller's Representative: Lynn Beasley - Midwest Real Estate

The successful sale of the 277.3-acre land parcel in Creal Springs was made possible by the expertise of Lynn Beasley from Midwest Real Estate, who represented the seller with a commendable level of professionalism. On the other side of the deal, Hunt & Farm Realty navigated the transaction on behalf of the buyer, showcasing their commitment to facilitating smooth real estate transactions.

Players

Lynn Beasley

Midwest Real Estate

Broker

$1.2M

vol

1 deal

Broker

Creal Springs 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

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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