Diana Gonzalez Of Luna Real Estate Represents Buyer In $1.05M Prairie Grove Land Sale
2480 Barreville Road
$1,050,000
Building Size
—
Asset Type
Land
Closing
Aug 1, 2024
About this deal
AI
A 16.14-acre vacant land parcel located at 2480 Barreville Road in Prairie Grove has been sold for $1,050,000. The transaction reflects the market value of land in the area and is indicative of current trends in real estate investment.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,050,000
- Address: 2480 Barreville Road
- Market: Prairie Grove
- Acres: 16.14
- Buyer's Representative: Diana Gonzalez - Luna Real Estate
- Seller's Representatives: Paul Tomaszewski & Valerie Walker - Keller Williams Inspire
This transaction was facilitated by Diana Gonzalez representing the buyer and Paul Tomaszewski and Valerie Walker representing the seller, showcasing collaboration between the two real estate agencies involved in the sale.
Players
McHenry 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93