8.22-Acre Parcel Of Land In Batavia Sold For $1.25M Brokered By Lesley Veil Of Gold Lion Realty
1103 East Fabyan Parkway
$1,250,000
Building Size
—
Asset Type
Land
Closing
Aug 1, 2024
About this deal
AI
An 8.22-acre parcel of vacant land located at 1103 East Fabyan Parkway in Batavia has been sold for $1.25 million. The asset type is classified as land, reflecting its undeveloped status and potential for future use.
Summary of transation details:
- Property Type: Land
- Transaction Amount: $1,250,000
- Acres: 8.22
- Address: 1103 East Fabyan Parkway
- Market: Batavia
- Broker: Lesley Veil - Gold Lion Realty
The transaction was brokered by Lesley Veil representing Gold Lion Realty, indicating the involvement of a dedicated professional in facilitating the sale of the property, enhancing the efficiency and effectiveness of the transaction process.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93