2.69-Acre Land Parcel At 711 South Hamlin Avenue In Park Ridge Sold For $3.2M, Brokered By Susan Bragg Of Baird & Warner
711 South Hamlin Avenue
$3,200,000
Building Size
—
Asset Type
Land
Closing
Sep 28, 2023
About this deal
AI
A 2.69-acre land parcel located at 711 South Hamlin Avenue in Park Ridge was recently sold for a total of $3,200,000. The transaction was facilitated by Susan Bragg, a broker from Baird & Warner.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $3,200,000
- Address: 711 South Hamlin Avenue
- Market: Park Ridge
- Asset Type: Land
- Size: 2.69 Acres
- Broker: Susan Bragg - Baird & Warner
Susan Bragg of Baird & Warner played a crucial role in brokering the sale of the 2.69-acre land parcel at 711 South Hamlin Avenue in Park Ridge. With her expertise and experience in the real estate market, she successfully facilitated the transaction, ensuring a smooth and efficient process for both the buyer and the seller.
Players
Park Ridge 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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93