Mark Coleman & Christine Coleman Facilitate $1.5M Sale Of 72.91-Acre Hampshire Ranch
46w109 Big Timber Road
$1,500,000
Building Size
—
Asset Type
Land
Closing
Apr 15, 2024
About this deal
AI
A 72.91-acre ranch in Hampshire, located at 46w109 Big Timber Road, was sold for $1,500,000. The property offers potential for ranching or agricultural use, presenting a valuable investment opportunity in the market.
Summary of transaction details:
- Property Type: Ranch
- Transaction Amount: $1,500,000
- Market: Hampshire
- Brokers: Christine Coleman & Mark Coleman - Coleman Land Company
Coleman Land Company, represented by Mark Coleman and Christine Coleman, facilitated the sale of the ranch. The deal was successfully closed on 04/15/2024 at 46w109 Big Timber Road.
Players
Hampshire 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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93