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Brad Belser Of JimMaloof/REALTOR Brokers Sale Of 163-Acre Land In Ipava For $1.3M

Property Image
SOLD
$1,326,000

Illinois

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Land
Sold 11/16/2023
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Property Image
SOLD

Brad Belser Of JimMaloof/REALTOR Brokers Sale Of 163-Acre Land In Ipava For $1.3M

7515 North Branson School Road

See Similar Deals
Land
Sold 11/16/2023
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Land
Transaction Type:Sale

A 163-acre vacant land property located at 7515 North Branson School Road in Ipava has been listed for sale at a price of $1,326,000. The property is situated in a prime location in Ipava and offers a great opportunity for development or investment. The land's size, combined with its location, makes it an attractive asset for potential buyers.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,326,000
  • Address: 7515 North Branson School Road, Ipava
  • Market: Ipava
  • Asset Type: Land
  • Acres: 163

The broker responsible for this sale is Brad Belser from JimMaloof/REALTOR. With his expertise and knowledge of the market, Brad Belser can guide interested parties through the entire process and ensure a smooth transaction. Brad Belser's reputation as a reliable and trustworthy broker makes him an excellent choice for anyone looking to buy or sell property in Ipava.

Players

Brad Belser
JimMaloof Realtor
Brad Belser
2 deals$2.7M volume(309) 231-1449
BROKER

Details

SOLD
IMAGE: Brad Belser DATE: 11/16/2023 ADDRESS: 7515 North Branson School Road MARKET: Ipava ASSET TYPE: Land ~ ACRES: 163 BROKER: Brad Belser - JimMaloof/REALTOR (@MaloofRealty) SALE PRICE: $1,326,000 NOTE: A 163-acre vacant land property located at 7515 North Branson School Road in Ipava is listed for sale at $1,326,000. The broker for the sale is Brad Belser from JimMaloof/REALTOR.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$70,720.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,710.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,285.92
Annual Debt Service$75,431.00