ME Realty Brokers $1.5M Sale Of 80-Acre Land In Beason To Undisclosed Buyer
2005 1400th Street
$1,487,812
Building Size
—
Asset Type
Land
Closing
Nov 8, 2023
About this deal
AI
The property at 2005 1400th Street in Beason, a ranch spanning 80 acres, was sold for $1,487,812. Robert Neal of ME Realty represented the transaction as the broker.
Summary of transation details
- Property Type: Land
- Transaction Amount: $1,487,812
- Address: 2005 1400th Street
- Market: Beason
- Asset Type: Land
- Acres: 80
Robert Neal, a broker from ME Realty, played a key role in facilitating the sale of the 80-acre ranch at 2005 1400th Street in Beason.
The land sale at 2005 1400th Street in Beason, Illinois sold for $1.5M in 2023. 2005 1400th Street is classified as Land on Traded. Robert (Bob) Neal, ME Realty appear on the sale alongside ME Realty. This page is the Beason, Illinois file for the 2005 1400th Street land sold: pricing, party profiles, and other closed land comps from the same Beason sit in the Market section below. Filter that Beason land set by closing date to see what else sold near 2005 1400th Street around 2023. Published consideration for 2005 1400th Street is $1.5M, dated 2023. Cite this ME Realty Brokers $1.5M Sale Of 80-Acre Land In Beason To Undisclosed Buyer sale when underwriting similar land product around Beason, Illinois.
Players
Beason 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
10.66%
Cash-on-Cash
-3.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93