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Robert Warmbir Facilitates $1,760,110 Sale Of 156.18 Acres Herscher Ranch
SOLD
$1,760,110
Illinois
See Similar DealsLand
Sold 03/15/2024
SOLD
Robert Warmbir Facilitates $1,760,110 Sale Of 156.18 Acres Herscher Ranch
264 East 3300 North Road
See Similar DealsLand
Sold 03/15/2024
Summary
ILLINOIS
Asset Type:Land
Transaction Type:Sale
In Herscher, a 156.18-acre ranch property located at 264 East 3300 North Road was recently sold for $1,760,110. The sale was facilitated by Robert Warmbir from RW Property Services.
Summary of transaction details:
- Property Type: Ranch
- Transaction Amount: $1,760,110
- Address: 264 East 3300 North Road
- Market: Herscher
- Broker: Robert Warmbir - RW Property Services
The sale of the 156.18-acre ranch property at 264 East 3300 North Road in Herscher was successfully overseen by Robert Warmbir of RW Property Services.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$93,872.52
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,253.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,343.82
Annual Debt Service$100,125.83
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